Prominent Lebanese businessman Najib Mikati Monday got sufficient votes in parliamentary consultations to be designated the country’s next prime minister.
The latest development in Lebanon is raising hopes for an urgently needed viable government to tackle a crippling financial catastrophe.
"I don't have a magic wand and can't perform miracles ... but I have studied the situation for a while and have international guarantees," Mikati said after he won a majority of votes in parliamentary consultations to be chosen.
Mikati aimed that he would work to form a government and implement a French plan to save the country from its crippling financial crisis.
France's plan includes a government of specialists capable of initiating enough reforms to attract foreign aid.
Mikati has been prime minister twice before and unlike many Lebanese leaders do not hail from a political partnership or dynasty.
The newly to be PM got 72 votes out of a total of 118 members of parliament.
Like the previous nominee, Saad al-Hariri, he now faces major challenges in navigating Lebanon's sectarian, power-sharing structure to secure agreement on a cabinet equipped to address the country's financial meltdown.
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