Lebanon: Mikati's Gov't Presents Exceptional Social, Financial Measures

 President Michel Aoun and Prime Minister Najib Mikati at the Baabda Palace. (Photo: NNA)
President Michel Aoun and Prime Minister Najib Mikati at the Baabda Palace. (Photo: NNA)
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Lebanon: Mikati's Gov't Presents Exceptional Social, Financial Measures

 President Michel Aoun and Prime Minister Najib Mikati at the Baabda Palace. (Photo: NNA)
President Michel Aoun and Prime Minister Najib Mikati at the Baabda Palace. (Photo: NNA)

Lebanon’s Prime Minister Najib Mikati presented his cabinet’s ministerial statement, promising exceptional economic, social and financial measures with an emphasis on national constants and adherence to the constitution.

Lebanon’s new government won a vote of confidence on Monday for a policy program that aims to remedy the economic crisis.

Addressing the deputies, Mikati said: “Our government is present here today to gain confidence, in a circumstance that necessitates exceptional approaches amid a stifling economic, social, financial and living crisis…”

The prime minister highlighted the national constants that will govern the government’s work, citing “commitment to the provisions of the Constitution and the National Accord Document, respect for international laws and covenants and all resolutions of international legitimacy, commitment to implementing UN Security Council Resolution 1701, and continued support for the United Nations forces operating in the South.”

He also emphasized Lebanon’s call on the international community to put an end to the permanent Israeli violations and threats to Lebanese sovereignty, by land, sea and air.

Mikati affirmed “absolute support of the army and all security forces in controlling security along the borders and at home.”

Regarding Hezbollah, Mikati’s government reiterated “adherence to the truce agreement, the complete liberation of the occupied Lebanese territories… and the right of Lebanese citizens to resist the Israeli occupation.”

On the issue of Palestinian and Syrian refugees, the ministerial statement underlined “the right of Palestinian refugees to return to their homeland” and “the safe return of displaced Syrians,” while expressing rejection of any integration or resettlement plans.

The statement pointed to “strengthening Lebanon’s relations with the brotherly Arab countries…calling on the Arab brothers to stand by Lebanon.” It also stressed the importance of activating the “engagement with the international community and its European partner in a way that serves the higher interests of the country.”

The government affirmed its “commitment to holding the parliamentary elections on time.”

Regarding the economic and financial situation, the government pledged to “immediately resume negotiations with the International Monetary Fund (IMF) to reach an agreement on a support plan, and to adopt a short and medium-term rescue program...”

It also vowed to develop a plan to reform and restructure the banking and revitalize the economic cycle, giving priority to ensuring the rights and funds of depositors and seeking to pass a law on capital control.

On the social level, Mikati’s government stressed the need “to secure an economic-social-health safety net to restore the purchasing power, activate the relevant social institutions, put the financing card project into effect... and reactivate the loans provided by the Public Housing Corporation.”



Egypt, Greece Agree to Boost Ties, Back Gaza Reconstruction Plan 

Greece's Prime Minister Kyriakos Mitsotakis (R) and the Egypt's President Abdel Fattah al-Sisi shake hands after signing a memorandum of cooperation in Athens on May 7, 2025. (AFP) 
Greece's Prime Minister Kyriakos Mitsotakis (R) and the Egypt's President Abdel Fattah al-Sisi shake hands after signing a memorandum of cooperation in Athens on May 7, 2025. (AFP) 
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Egypt, Greece Agree to Boost Ties, Back Gaza Reconstruction Plan 

Greece's Prime Minister Kyriakos Mitsotakis (R) and the Egypt's President Abdel Fattah al-Sisi shake hands after signing a memorandum of cooperation in Athens on May 7, 2025. (AFP) 
Greece's Prime Minister Kyriakos Mitsotakis (R) and the Egypt's President Abdel Fattah al-Sisi shake hands after signing a memorandum of cooperation in Athens on May 7, 2025. (AFP) 

Greece and Egypt signed a "strategic partnership" deal on Wednesday as they seek to step up political coordination to help safeguard stability in the Eastern Mediterranean amid the ongoing war in Gaza.

"Our bilateral cooperation is based on political, economic, and cultural ties, which are deeply rooted in history and defined by our strong commitment to the values of peace and the full respect of international law," Egyptian President Abdel Fattah al-Sisi and Greek Prime Minister Kyriakos Mitsotakis said in a joint statement.

The two officials met during the first meeting of the Supreme Cooperation Council, a body they agreed to set up more than a year ago to improve ties.

The two leaders reaffirmed their joint stance over the need to respect international law to promote peace in Gaza.

"The first priority is for hostilities to stop and restore the flow of humanitarian aid to civilians," Mitsotakis said in joint statements with Sisi. He said Greece supported an Arab-backed plan for the reconstruction of Gaza once a ceasefire was achieved.

Migration also topped the agenda of bilateral talks as European governments have long been worried about the risk of instability in Egypt, a country of 106 million people where economic adversity has pushed increasing numbers to migrate.

Egypt largely shut off irregular migration from its north coast in 2016, but the Greek islands of Crete and Gavdos have seen a steep rise in migrant arrivals, mostly from Afghanistan and Egypt.

The European Union last year announced a 7.4 billion euro ($8.40 billion) funding package and an upgraded relationship with Egypt, in part of a push to stem migrant flows from Egypt to Europe. Last month, the EU's executive arm included Egypt on a list of "safe countries" where failed asylum seekers could be returned.