Lebanon’s Foreign Minister Nassif Hitti resigned today, saying the country lacks the will to implement the required reforms to lift it out of its economic crisis.
Hitti said there is an “absence of an effective will to achieve comprehensive structural reform,” according to The Associated Press.
Lebanon is in the middle of its worst economic crisis in decades. Lebanon’s currency has plummeted against the US dollar and unemployment is up. Last week, the leading international credit agency Moody’s downgraded Lebanon credit score to the lowest rating it has, indicating probable default. Despite earlier success, COVID-19 cases have increased greatly in recent days, and protests against the government continue.
Hitti is the first member of the Cabinet to resign over the government’s handling of the crisis. His decision to step down reflects continued frustration among some officials with Beirut’s response to its fiscal issues. In late June, Alain Bifani, the long-serving director general of the Ministry of Finance, resigned. Bifani, who was a member of the government team negotiating with the IMF, said the government was in a state of “denial” at the time. Earlier in June, another member of the IMF negotiations team also resigned.
Former adviser to Lebanese President Michael Aoun and diplomat Charbel Wehbe was appointed to replace Hitti as foreign minister on Monday by Aoun and Prime Minister Hassan Diab.