Lebanon's Hariri PM on track to become PM for third time

BEIRUT (Reuters) - Lebanon’s Saad al-Hariri is on track to become prime minister for a third time after winning the backing of a majority of MPs in official consultations on Thursday, and is expected to launch negotiations on a coalition government.

The post of prime minister is reserved for a Sunni Muslim in Lebanon’s sectarian power sharing system, and the Western-backed Hariri was the clear frontrunner as the country’s leading Sunni despite losing more than a third of his MPs in a May 6 election.

President Michel Aoun was holding the official consultations with MPs who were holding separate meetings with him on Thursday. The meetings are due to continue into the afternoon. Aoun must designate the candidate with the greatest backing.

The new coalition government is expected to reflect the enhanced political position of the Iran-backed Shi’ite group Hezbollah and allies that support its possession of arms, which together won at least 70 of parliament’s 128 seats.

While Hariri won wide backing, Hezbollah MPs named nobody for the post. The group would cooperate “positively” with whoever was designated, Mohammed Raad, head of Hezbollah’s parliamentary bloc, said after meeting Aoun.

All Lebanese leaders have called for the rapid formation of a new government that will aim to revitalise a stagnant economy situation and address unsustainable public debt levels.