New Government for Lebanon but Analysts Wonder About Real Reforms  

Following yearlong political paralysis that has sunk its economy, Lebanon finally has a new government. Analysts wonder, though, whether Prime Minister Najib Mikati, the country’s richest man, will deliver the needed reforms to revive the ailing nation and rescue Lebanon from bankruptcy. His Cabinet reinforces the country's crippling sectarianism and Gulf Arabs will be unlikely to provide financial help as long as Iran-backed Hezbollah maintains a stranglehold on power, the analysts say.    

Pressing Lebanese politicians to end their political bickering over portfolios, the U.S. and France welcomed the new government, saying urgent action must be taken to tackle the country’s dire economic crisis, especially after the deadly Beirut port blast in August of last year.    Lebanese analyst Dania Koleilat Khatib with the Issam Fares Institute at the American University of Beirut told VOA that after more than 13 months of waiting for a new government, the Lebanese people are disappointed with the resulting Cabinet, and desperate to stop the slide toward poverty and chaos they are experiencing.    Most critically, she says that the finance minister who needs to resume talks with the International Monetary Fund on unlocking badly needed financial support, is viewed as unlikely to be tough enough on his former employer, the central bank, which is widely blamed for Lebanon’s bankruptcy.