Businessman Samir Khatib looks set to be nominated as Lebanon’s next prime minister when consultations with lawmakers to name a premier are held on Monday, political sources said on Wednesday.

Axar.az reports citing Reuters.

More than a month since Saad al-Hariri quit as prime minister, prompted by protests against the ruling elite, President Michel Aoun scheduled the binding consultations with MPs to designate the new premier on Monday.

Lebanon is deep in the throes of an economic crisis that has shaken confidence in the country’s banks and worsened since the protests erupted on Oct. 17. It needs a new government to enact urgent reforms to get the economy back on track.

Lawmakers from the Future Movement, which is headed by Sunni politician Hariri, as well as powerful Shi’ite groups Hezbollah and Amal are all expected to back him at the consultations, sources familiar with their positions said.