Nawaf Salam has served as Lebanon’s prime minister since his cabinet was confirmed in February 2025 following designation by President Joseph Aoun and parliamentary support. As of August 2026 he remains in office, actively directing negotiations with Israel over withdrawal timelines, border issues, and implementation of the U.S.-brokered framework, while coordinating with American officials and managing domestic priorities. No resignation, no-confidence vote, or major parliamentary challenge has materialized, and the government continues to function amid ongoing security and humanitarian coordination. In Lebanon’s consensus-based system, changes at the premiership typically require broad cross-faction agreement that has not emerged. Trader pricing at 88.5% for “No” aligns with this continuity and the absence of near-term political triggers for removal through the end of the year.