"President Michel Aoun's positions have pushed towards a new direction to form a government," Change and Reform Parliamentary Bloc Secretary, MP Ibrahim Kanaan, stressed Saturday during an interview to "Sawt al-Mada" Radio Station.

MP Kanaan deemed that the presidential settlement led to the regularity of state institutions' work under the Charter and Constitution's ceiling.

Commenting on the economic situation in Lebanon, Kanaan pointed out that "the economic indicators are globally declining, while Lebanon remains the most stable country in comparison with the region's economies."

Finally, he noted that "the Lebanese Pound is well-protected in light of the Lebanese Central Bank's policy," adding that the Housing issue and other economic dossiers should be prioritized during in the upcoming phase.