Tags: Lebanon

Diplomats to Lebanon: No Aid until New Government Is Formed

Diplomats to Lebanon: No Aid until New Government Is Formed

Wednesday, 11 December 2019 02:38 PM EST

PARIS (AP) — Lebanon cannot expect to receive international aid to its battered economy until a new government undertakes serious reforms, diplomats decided at a closed-door meeting in Paris on Wednesday.

The international group, led by France and the United Nations, met to discuss conditions for helping ease turmoil in Lebanon, which is facing its worst financial crisis in decades and political uncertainty amid an ongoing protest movement. Lebanese businesses and households are growing increasingly desperate as cash supplies there have dwindled.

Representatives from several countries, including the United States, and international financial institutions agreed on a set of principles Lebanon must meet before it can expect to receive foreign cash.

U.S. Assistant Secretary for Near Eastern Affairs David Schenker said attendees agreed to give technical advice to Lebanese institutions but they won't provide the bailout that caretaker Prime Minister Saad Hariri had requested. Hariri had called on Saudi Arabia, France, Turkey, the United States, China, and Egypt to send funds to help Lebanon finance imports.

“There’s no aid package, there is no bailout,” Schenker told The Associated Press. “Lebanon is not being saved from its financial mess."

Schenker said the group is considering sending some humanitarian aid to Lebanon to alleviate residents’ suffering, though it was unclear when or how much.

French Foreign Minister Jean-Yves Le Drian said in closing remarks the group supports protesters who have taken to the streets since Oct. 17 to call for an end to corruption and the overhaul of the Lebanese political system.

“The Lebanese have mobilized for many weeks to demand reforms. They must be heard,” he said.

Le Drian called the “institutional void” that has existed since Hariri resigned as prime minister on Oct. 29 “worrying.”

Hariri stayed on as caretaker prime minister after politicians proved unable to form a new government. Protesters want to see a non-sectarian, technocratic government — and they want all traces of the old regime, including Hariri, out of office.

As the Paris meeting got underway, dozens of protesters in Beirut and Paris rallied to call on assembled leaders not to give financial assistance until a new government comes together.

_____

Associated Press writers Sarah El Deeb in Beirut and Matt Lee in Washington contributed to this report.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Lebanon cannot expect to receive international aid to its battered economy until a new government undertakes serious reforms, diplomats decided at a closed-door meeting in Paris on Wednesday.The international group, led by France and the United Nations, met to discuss...
Lebanon
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2019-38-11
Wednesday, 11 December 2019 02:38 PM
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