Lebanon government wins confidence vote from parliament

Lebanon’s new cabinet won a vote of confidence in parliament on Tuesday based in part on a financial rescue plan it put forward for grappling with a deep financial crisis.

Iran Press/Middle East: Speaking just before the vote, Prime Minister Hassan Diab said his government’s priority was preserving foreign currency needed for critical imports and that all options for dealing with Eurobonds maturing this year were being studied.

The country has been without an effective government since caretaker Prime Minister Saad Hariri resigned in October last year under pressure from protests against state corruption and waste, Reuters reported.

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Prime Minister Hassan Diab, a 60-year-old professor at the American University of Beirut, now heads a cabinet of 20 members.

The Lebanese people have been holding demonstrations since 17 October, protesting against poor economic conditions, the rising cost of living, and high unemployment. 207/201

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