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The group says the decision is based on a desire to approve the 2022 budget and discuss a plan to revive the economy.
Lebanon’s powerful Hezbollah and Amal groups have said they will end the boycott of cabinet sessions, paving the way for ministers to meet after a three-month gap in the collapse of the economy and more currencies.
A group of government-backed members of a full-fledged political spectrum said in a statement on Saturday that the decision was driven by a desire to approve the 2022 budget and discuss economic recovery.
The Lebanese cabinet under Prime Minister Najib Mikati has not met since October 12 due to clashes over the investigation into the deadly blast at the port of Beirut in August 2020 and the ongoing diplomatic rupture with Saudi Arabia and some Gulf states.
As a result, the government has been unable to take swift action to deal with the country’s severe economic crisis.
Since August 2019, the Lebanese pound has lost more than 90 percent of its value as more than three-quarters of the population has entered poverty.
The country’s inflation rate has surpassed that of Venezuela and Zimbabwe, which was hit by the crisis. The World Bank says the financial crisis in Lebanon in the 19th century that it is one of the worst since the middle of the twentieth century.
In december President Michel Aoun he said Lebanon needs “six to seven years” to get out crisis.
The economic foreclosure began in 2019, when the financial system collapsed as a result of high state debt and the weight of the lack of foreign currency, corruption, poor economic management and unsustainable financing.
The international community has been pushing Lebanon for years to reform its economy, establish anti-corruption mechanisms and reach an agreement with the International Monetary Fund to unlock billions of dollars in development aid.
Beirut is also struggling to make ends meet diplomatic row With Saudi Arabia, Bahrain, the United Arab Emirates and Kuwait, Hezbollah has been criticized for its role in Yemen and other conflicts in the region.
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