Econostrum | Economic News in the Mediterranean



Mustapha Adib appointed Prime Minister in Lebanon

Mustapha Adib will have to reform Lebanon as soon as possible (photo: DR)
Mustapha Adib will have to reform Lebanon as soon as possible (photo: DR)
LEBANON. The decision had been awaited since the consensus was reached on its name. Mustapha Adib was designated, on Monday 31 August 2020, President of the Council of Ministers in Lebanon after parliamentary consultations led by Lebanese President Michel Aoun.

Current ambassador of Lebanon to Germany since 2013, this former professor of the Lebanese University of forty-eight years old native of Tripoli holds a doctorate in law and a degree in Political Science.

Mustapha Adib will have the heavy task of reforming an entire country that has been in suspension of payments since 7 March 2020, in an alarming economic situation, and prey to unprecedented popular protest, reinforced after the catastrophe of the explosion in the port of Beirut on 4 August 2020.

He will surround himself in "record time" with a team of "experts" and "competent" people with "as a starting point an agreement with the International Monetary Fund," he said during his first televised intervention. Since July 2020, the IMF has been calling for a rescue plan before any financial aid.

Frédéric Dubessy

Monday, August 31st 2020

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