President Michel Aoun on Monday hoped the coming days “will carry positive developments regarding the formation of the government.”
He added that the formation of a new cabinet “would launch a recovery workshop at the various levels.”
Lebanon’s bitterly divided political leaders have repeatedly failed to agree on a new line-up a year after the previous cabinet resigned in the wake of the catastrophic port blast.
The country is grappling with an economic crisis branded by the World Bank as one of the planet’s worse since the mid-19th century.
The currency has lost 90 percent of its value on the black market, with more than three-quarters of the population now in poverty.
On top of shortages of medicine, gas and bread, the country has been hard hit by severe fuel shortages leading to massive queues at pumping stations.
Diesel shortages have aggravated power cuts which now last up to 22 hours a day, forcing shut businesses, government offices and even hospitals.