Lebanon president seeks to solve 'complications' before new PM consultations

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Lebanon president seeks to solve 'complications' before new PM consultations
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Lebanon's president said on Saturday he will soon set a date for formal con...

BEIRUT - Lebanon’s president said on Saturday he will soon set a date for formal consultations with lawmakers to pick a new prime minister following Saad al-Hariri’s resignation this week, but is working to resolve some complications first.

President Michel Aoun is obliged to hold a formal period of consultations with members of parliament and designate the figure with the most support as the new prime minister who will be tasked with forming a government. “The challenges in front of the future government require a rapid but not hasty approach to the designation process, because rushing in such cases can have harmful consequences,” the presidency media office said in a statement. The statement said Aoun needed to resolve some complications but did not elaborate.

The uprisings caused banks to close for two weeks on security concerns. Analysts and bankers had cited widespread concern about a rush by depositors to withdraw their savings or transfer them abroad when the banks reopened.

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