“The content of Fitch Ratings’ report is normal considering the deplorable situation that Lebanon has reached, since we are at an extremely financial and economic sensitive stage,” Hakim told MTV channel.

“Future overview on upcoming two years is gloomy. The state is in need of 5 years to emerge out of this deep hole, especially in the absence of practical measures and reforms aimed at fighting the extremely arduous impasse,” he outlined.

The Kataeb official stressed that the current government will be incapable of undertaking any measures that would put an end to the harsh living conditions.