Lebanon forms new government

Designated Prime Minister Hassan Diab meets with Lebanon's President Michel Aoun at the presidential palace in Baabda

BEIRUT (Reuters) - Lebanon formed a new government on Tuesday, the presidency announced after Shi'ite Hezbollah and its allies clinched a deal on a cabinet that must tackle the country's worst economic crisis in decades.

Heavily indebted Lebanon has been without effective government since Saad al-Hariri resigned as premier in October under pressure from protests against state corruption and waste - root causes of the crisis.

(Writing by Ellen Francis; Editing by Chris Reese)