Summary
Despite a stern warning by the World Bank Friday over the impact of political squabbling on the dire economic and financial situation in Lebanon, leaders have yet to make progress on the urgently needed formation of a new Cabinet.
Jha said that a new government should be formed "within a week" in order for Lebanon not to face more severe risks.
Lebanese Forces leader Samir Geagea accused Hezbollah of trying to form a government that resembled the outgoing one, including by insisting on the inclusion of Bassil. Geagea told Reuters that the LF would support Hariri to form an independent government only.
Central Bank Gov. Riad Salameh met with Hariri at the latter's Downtown Beirut residence stressing the need for a new government to be formed in order to restore confidence in the country. Salim Sfeir, the president of the Association of Banks in Lebanon, also called for a new government to be formed as soon as possible.
As gas station owners and fuel importers warned of an upcoming fuel shortage crisis, caretaker Energy Minister Nada Boustani said the government would import fuel directly if needed.
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