AVN 70.00 Decreased By ▼ -1.20 (-1.69%)
BOP 9.08 Increased By ▲ 0.03 (0.33%)
CHCC 133.61 Increased By ▲ 0.11 (0.08%)
DCL 9.36 Increased By ▲ 0.11 (1.19%)
DGKC 106.00 Decreased By ▼ -0.21 (-0.2%)
EFERT 61.44 Increased By ▲ 0.49 (0.8%)
EPCL 46.00 Increased By ▲ 0.58 (1.28%)
FCCL 21.50 Increased By ▲ 0.46 (2.19%)
FFL 15.46 Increased By ▲ 0.31 (2.05%)
HASCOL 15.20 Increased By ▲ 0.72 (4.97%)
HBL 130.50 Increased By ▲ 0.06 (0.05%)
HUBC 84.45 Increased By ▲ 5.20 (6.56%)
HUMNL 6.03 Decreased By ▼ -0.17 (-2.74%)
JSCL 26.89 Decreased By ▼ -0.91 (-3.27%)
KAPCO 28.95 Increased By ▲ 0.72 (2.55%)
KEL 3.74 Increased By ▲ 0.06 (1.63%)
LOTCHEM 13.05 No Change ▼ 0.00 (0%)
MLCF 39.98 Decreased By ▼ -0.29 (-0.72%)
OGDC 100.40 Increased By ▲ 0.27 (0.27%)
PAEL 34.30 Increased By ▲ 0.50 (1.48%)
PIBTL 13.04 Increased By ▲ 0.38 (3%)
PIOC 94.20 Increased By ▲ 1.43 (1.54%)
POWER 9.79 Increased By ▲ 0.01 (0.1%)
PPL 91.00 Decreased By ▼ -1.51 (-1.63%)
PSO 201.50 Increased By ▲ 2.35 (1.18%)
SNGP 45.36 Increased By ▲ 1.36 (3.09%)
STPL 16.51 Increased By ▲ 1.15 (7.49%)
TRG 67.63 Decreased By ▼ -1.45 (-2.1%)
UNITY 27.53 Increased By ▲ 0.67 (2.49%)
WTL 1.06 Increased By ▲ 0.01 (0.95%)
BR100 4,377 Increased By ▲ 41.53 (0.96%)
BR30 22,203 Increased By ▲ 191.51 (0.87%)
KSE100 42,018 Increased By ▲ 352.72 (0.85%)
KSE30 17,671 Increased By ▲ 137.47 (0.78%)

BEIRUT: Three-time Lebanese prime minister Saad Hariri was renamed to the post Thursday to create a reform-orientated cabinet that can lift the country out of its worst economic crisis in decades.

Hariri, 50, made his comeback to take on the difficult task almost a year after stepping down under pressure from an unprecedented protest movement demanding a complete overhaul of Lebanon's political system.

The country is under huge international pressure to form a crisis cabinet of independents to address a plummeting economy made worse by the coronavirus pandemic and the devastating blast at the Beirut port on August 4.

Immediately after President Michel Aoun named him, the returning premier vowed to form a cabinet of experts, in line with conditions set by French President Emmanuel Macron to help rescue the debt-ridden country from crisis.

Hariri said he would "form a cabinet of non politically aligned experts with the mission of economic, financial and administrative reforms contained in the French initiative roadmap".

"I will work on forming a government quickly because time is running out," he said, calling it the country's "only and last chance".