BREAKING NEWS

Lebanon's finance minister ready to resign

Lebanon's Finance Minister Ghazi Wazni, a key negotiator with the IMF over a rescue plan to help Lebanon exit a financial crisis, has prepared his resignation letter and brought it with him to a cabinet meeting, a source close to him and local media said.

Earlier local broadcasters MTV and Al Jadeed had said that Wazni had resigned. Al Jadeed then said the minister had arrived for a cabinet meeting with this resignation letter in hand.