Lebanon's Safadi emerges as PM choice for three parties

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Lebanon's Safadi emerges as PM choice for three parties
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Three major Lebanese parties agree to nominate Mohammad Safadi, a former finance minister, to become prime minister

Lebanon's then-Minister of Economy and Trade, Mohammad Safadi, speaks during the Reuters Middle East Investment Summit in Beirut, October 20, 2010.

The consensus on Safadi emerged in a meeting late on Thursday between Hariri, a leading Sunni politician aligned with Western and Gulf states, and representatives of the Iran-backed Shia group Hezbollah and its Shia ally Amal.A source familiar with the meeting said Hariri had expressed no objections to Safadi's nomination, adding that MPs from Hariri's Future Movement would nominate Safadi in a formal process expected to begin soon.

Lebanon's long-brewing economic crisis, rooted in years of state waste, corruption and mismanagement, has deepened since the protests began. Banks have imposed controls on transfers abroad and US dollar withdrawals.Hariri had said he would only return as prime minister of a Cabinet of specialist ministers that he believed would be best placed to win aid and save Lebanon from crisis. To that end, he has been holding many closed-door meetings with other parties.

The process requires Aoun, a Maronite Christian, to formally consult MPs on their choice for prime minister. He must designate whoever gets the most votes.Safadi was finance minister from 2011 to 2014 under Prime Minister Najib Mikati.

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