29 July 2021

Najib Mikati picked as new Lebanon’s prime minister.

Billionaire businessman Najib Mikati was appointed as Lebanon’s new prime minister-designate on Monday following binding parliamentary consultations with President Michel Aoun.

Mikati ran virtually unopposed, receiving 72 votes, with former ambassador Nawaf Salam receiving just one vote. Forty-two MPs voted blank, and three MPs did not vote at all.

His appointment comes just 11 days after Saad Hariri resigned as prime minister-designate, following nine months of political deadlock and dispute with President Aoun and his son-in-law MP Gebran Bassil.

Lebanon’s economy continues to crumble with half the population living below the poverty line and a spiralling local currency that lost more than 90 per cent of its value. The country has been without a full-fledged government for almost one year and is struggling to reform its economy to unlock international aid.

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