A draft policy statement seen by Rooters on Sunday outlined broad plans, including reducing interest rates, recapitalising banks, restructuring the public sector and seeking support from foreign donors.
Prime Minister Hassan Diab urged Europe
...the land mass occupying the space between the English Channel and the Urals, also known as Moslem Lebensraum...
an states to open a credit line and provide aid to rescue his country.
"Leb needs urgent help today at various levels, power, food supplies, raw materials," he told a meeting of European ambassadors.
Foreign donors have said they stand ready to support Leb only if it implements long-stalled reforms.
The UN Special Coordinator for Leb, Jan Kubis, said this week that a clear and transparent action plan was needed.
"If you don't help yourselves, why do you expect assistance from the outside world?" he told local media.
The information minister said the cabinet approved the rescue plan on Thursday with some amendments, which ministerial sources said were minor.
It was not immediately clear what changes were made to the 17-page statement, due to be presented on Tuesday in parliament for the new government to secure a vote of confidence.
Leb's Parliament Speaker Nabih
KnobbyBerri
...Speaker of the Lebanese parliament, head of the Amal Shiite party aligned with Hezbollah, a not very subtle sock puppet of the Medes and Persians...called for a session to be held next week, on Tuesday and Wednesday, to vote on the new government and its policy statement.
Diab's cabinet was formed last month by the Iran-backed Hezbollah movement and its political allies, which hold a parliamentary majority. It took office nearly three months after Saad al-Hariri's government resigned under pressure from sweeping protests against a ruling elite that has failed for decades to tackle waste and corruption.