Lebanon's cabinet is expected to approve a package of reforms on Monday in a bid to tackle the crisis that has driven thousands of protesters into the streets.
The ministers have convened at the presidential palace in the Beirut suburb of Baabda.
According to reports, the reform plan will include a 50 per cent cut in salaries of current and former presidents, ministers and lawmakers, as well as reductions in benefits for state institutions and officials.
There's also plans to privatise the telecommunications sector and overhaul the costly and crumbling electricity sector.
Meanwhile, Lebanon's President Michel Aoun said the protests gripping the country showed "people's pain".
"What is happening in the streets expresses people's pain, but generalizing corruption (charges) against everyone carries big injustice," he wrote on Twitter.
Trump says deal reached to disarm Hamas, Israeli support for plan remains uncertain
Kuwait says Iranian attack hits Chinese company building, kills one
Japan quake snarls auto and chip supply chains as toll hits 34
Death toll rises to at least 34 after blast at Pakistan coal mine complex
