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.

7 Indonesian airports remain shut due to volcanic ash from Anak Krakatau
Israeli strikes on southern Lebanese town kill 11, state news agency saysÂ
Nepal marks national mourning day after deadly flood
Far-right AfD wins historic victory in German state election
At least 5 killed in Amazon Prime Air cargo plane crash in Miami
Israeli strike kills 2 in Gaza, medics say
Bangladesh dengue outbreak accelerates as hospitals come under strain
US peace envoys meet Zelenskyy in Kyiv after Putin talks
