Lebanon has been swept by more than a week of nationwide protests against a political elite accused of corruption, mismanagement of the state finances and leading the country towards an economic collapse unseen since the 1975-90 civil war.
Nasrallah praised the protest movement for forcing the government to agree a state budget without new taxes and “unprecedented” reforms including draft laws to lift banking secrecy, recover looted wealth and fight corruption. He said if Lebanon remained shut down by the protests, people including the army would not get their wages and the country would be plunged into complete chaos.
Dressed in black t-shirts common to Hezbollah supporters, the men shouted “We heed your call, Nasrallah”.After Nasrallah spoke, Hezbollah supporters waving the group’s yellow flag took to the streets of the southern suburbs of Beirut, the group’s stronghold. Lebanon’s banking association has held crisis meetings with the central bank governor and president in recent days in search of a way to reopen banks amid growing fears that a rush on them could deplete dwindling foreign currency deposits.
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