BEIRUT, Jan. 24 (Xinhua) -- Lebanese President Michel Aoun blamed the Central Bank and the finance ministry for the financial deterioration in the country, Asharq al-Awsat newspaper reported on Friday.
"The Central Bank is responsible for the monetary policy while the finance ministry failed to adopt proper budgets," Aoun said.
Aoun said the finance ministry did not pay the money allocated for the electricity strategy according to the laws issued by parliament.
Aoun assured that he will not allow any obstacles coming in the way of reforms.
He assured that the current government will definitely succeed and Lebanon will overcome the challenges if the crisis is probably managed by the new officials.
Lebanon's Prime Minister Hassan Diab announced the formation of a new cabinet of 20 ministers on Tuesday.
