Lebanese PM Hariri submits his resignation amid ongoing anti-govt. protests

“I have reached a dead end today. I will head to the Baabda Palace to submit the government's resignation to President Michel Aoun,” Hariri said as he addressed the Lebanese nation in a televised speech on Tuesday evening.
“Posts are not important; what’s important is the country's dignity and safety,” he added, calling upon people from all strata of the Lebanese society to preserve the stability and security of the country.
Hariri highlighted that he wants to make a “positive shock,” saying, “No one is bigger than his country.”
He also told Lebanese political parties that “It is our responsibility to protect Lebanon.
Under the constitution, Hariri’s cabinet would stay on in a caretaker capacity until a new government is formed.
The protests first began on October 17, hitting Lebanon at a time of worsening financial crisis — banks were closed for a 10th day on Tuesday along with schools and businesses.
‘Lebanon government resignation won’t end economic crisis’
Earlier in the day, Lebanese Parliament Speaker Nabih Berri said the resignation of the incumbent government led by Hariri would not solve the deep social and economic crisis in the country, and would further complicate the situation.
Berri said the government must immediately embark on measures aimed at economic reforms, Lebanon's Arabic-language al-Joumhouria daily newspaper reported.
“Changing the government’s components does not solve the crisis, but complicates it further, and will diminish the possibility of forming a new one in the foreseeable future, which opens the country to an unknown fate,” the senior Lebanese lawmaker pointed out.