Middle East

Saudi Arabia says Lebanon needs to step up reforms to get out of the crisis

Saudi Arabia’s Foreign Minister emphasized that Beirut’s decisive initiative is essential to resolving economic collapse and corruption.

Saudi Arabia’s FM prince Faisal Bin Fahhan says a “short-term panacea” does not help Lebanon. (Reuters)

Saudi Arabia’s foreign minister said on Saturday that Lebanon must provide a stronger signal that it is serious about reforms to secure support from the international community suffering from the financial crisis.

“Lebanon needs to be proactive in saving itself first … it needs a stronger signal from Lebanese political groups to step up,” Prince Faisal bin Farhan al-Saud said at the Munich Security Council. Stated.

He said this included first stabilizing the economy and then addressing the issues of corruption and mismanagement, and “regional interference and loss of national sovereignty.”

Relations between Lebanon and Saudi Arabia, which was a major donor to the Arab Bay, especially Beirut, bottomed out last year over Saudi Arabia’s foreign minister saying that Iran’s ally Hezbollah was becoming more influential.

Kuwait last month presented a list of Gulf terms for breaking relations with Beirut after Saudi Arabia and other Gulf nations expelled Lebanese ambassadors and recalled themselves.

“I think we can call on local states to provide all sorts of support if we have a true initiative to reform the economic structure, reform the governing structure, and reform the way we manage the economy,” said Prince Faisal. Is technically mentioned financial and development assistance.

He said the “short-term panacea” did not help Lebanon, which collapsed in 2019 due to the weight of huge public debt, cut the value of local currency by more than 90% and put most of the population in poverty. He said he would fall.

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Lebanon prosecuting anti-Bahrain group

Separately, on Saturday, Lebanese Interior Minister Bassam Mawlaw said he had requested authorities to prosecute the organizers of a symposium held by a group in Bahrain, which was banned in the capital Beirut.

On Tuesday, the Al Wefaq Society held a symposium in Beirut to commemorate the anniversary of the opposition protests that broke out against the ruling government in Bahrain in 2011.

In a statement, Mawlawi called on the prosecution to “prosecute the organizers and speakers at the symposium.”

“It was specifically targeted at Bahraini authorities and the Gulf countries in general, and had not received prior administrative approval in accordance with legal principles,” he said.

He added that the symposium also contributed to “interfering with Lebanon’s official mission to strengthen relations with Arab Gulf countries.”

The Interior Minister had previously banned symposiums at hotels in Beirut earlier this week. However, the organizers have proceeded with plans to hold the event in another hall in the same area.

On December 12, Bahrain announced that it had “strongly” protested the Lebanese government, saying that Beirut was hosting a “hostile” meeting against Manama.

In October, a diplomatic crisis broke out between Lebanon and many Gulf countries, including Bahrain, following criticism of the Yemeni conflict by then-Minister of Information George Kordahi.

Last month, Kuwait’s Foreign Minister Sheikh Ahmed Nacelle al-Mohammad al-Saber visited Lebanon to remedy the conflict with the Gulf countries.

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Source: Reuters

https://www.trtworld.com/middle-east/saudi-arabia-says-lebanon-needs-to-step-up-reforms-to-get-out-of-crisis-54931?utm_source=other&utm_medium=rss Saudi Arabia says Lebanon needs to step up reforms to get out of the crisis

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