Arab League Urges Lebanon to Implement Necessary Reforms

Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)
Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)
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Arab League Urges Lebanon to Implement Necessary Reforms

Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)
Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)

Arab League Secretary-General Ahmed Aboul Gheit reiterated on Tuesday the league’s support to and solidarity with Lebanon during its current crisis.

During a meeting in Cairo with the United Nations Special Coordinator for Lebanon Jan Kubis, Aboul Gheit said it is important for the new Lebanese government to meet the demands of the people and to fullfil its promises, especially by introducing necessary economic reforms to regain the world’s trust and attract investments.

A statement by the league said Aboul Gheit and Kubis discussed the latest developments in Lebanon following the formation of the new government and the challenges that lay ahead.

For his part, Kubis briefed Aboul Gheit about the financial and economic situation in Lebanon and required measures to overcome the crisis.

In Cairo, the UN official also held talks with Egyptian Foreign Minister Sameh Shoukry.

“Shoukry stressed Egypt’s keenness to protect the stability and safety of Lebanon, by working on the achievement of national interests and on meeting the demands of the Lebanese people,” the ministry’s spokesperson Ahmed Hafez said.

The foreign minister said Lebanon should be spared from being involved in regional conflicts and escalations.

Kubis praised Egyptian efforts to help preserve stability in Lebanon and the region, expressing his keenness on continuing cooperation and consultation with Cairo in this regard.

Diab's government won parliament's confidence last week and it quickly requested the International Monetary Fund's advice on tackling its economic crisis.

Lebanon has the world's third-highest debt-to-GDP ratio and has been sliding towards default in recent months, with tight capital controls and a currency devaluation already hitting purchasing power.

Last week, Kubis said that any solution to the economic, financial and banking sector crisis must start with complete transparency of what is the solvency of Lebanon and its Central bank, communicated with the full clarity, honesty and accountability to the public.



Yemen Cabinet Holds Urgent Meeting to Discuss Economic Rescue Plan

Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)
Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)
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Yemen Cabinet Holds Urgent Meeting to Discuss Economic Rescue Plan

Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)
Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)

The Yemeni government met in the interim capital, Aden, on Thursday, with Prime Minister Ahmed Awad Bin Mubarak presiding to review an economic rescue plan focused on government reforms, ending the Houthi coup, and restoring state control.
Yemen’s economy faces a deep crisis, with falling revenues and a halt in oil exports after Houthi attacks on export ports and stalled peace efforts amid increased Houthi activity regionally and at sea.
In Thursday’s meeting, Yemen’s Cabinet discussed urgent economic issues, including currency instability and electricity shortages, and reviewed a draft economic rescue plan aligned with government reforms.
The government aims to finalize the plan, which focuses on restoring state control, ending the Houthi coup, achieving peace, fighting corruption, and improving transparency. The plan also seeks to boost the economy and make better use of foreign aid.
A ministerial committee, led by the finance minister and including other key officials, was formed to refine the plan. The committee will review suggestions and present a revised version in two weeks for further discussion.
State media reported that the Cabinet instructed the ministerial committee to align the rescue plan with the government's reform agenda and economic recovery strategy. The committee will set priorities, review progress, and develop a unified economic document to guide urgent government actions.
Yemen’s Cabinet emphasized the need to realistically assess challenges and tackle them through joint efforts with the Presidential Leadership Council.
The discussion focused on ensuring the rescue plan addresses the economic crisis’s root causes—worsened by Houthi attacks on oil facilities and shipping routes—and on defining the support needed from international donors.
The meeting also reviewed implemented and ongoing policies, noting obstacles and suggesting solutions to overcome them.
Moreover, Yemen’s Cabinet reviewed reports on fuel shortages affecting Aden’s power stations and discussed urgent steps to stabilize electricity and ensure water supplies.
State media said officials stressed the need for emergency fuel and additional supplies to keep services stable.