Cairo, Jul 16 (IANS): Arab League (AL) Secretary-General Ahmed Aboul-Gheit expressed "great disappointment" over the decision by Lebanese Prime Minister-designate Saad Hariri to step down.

"The consequences of Hariri's stepping down may be dangerous for the future of the situation in Lebanon," the AL chief was quoted as saying in a statement issued on Thursday.

He held all Lebanese politicians responsible for "such a deteriorating condition" that the Lebanese people don't deserve, vowing that the AL would continue its support for Lebanon in this crucial stage of its history.

Hariri gave up the effort to form a new government on Thursday after a meeting with President Michel Aoun, citing that "it's clear that nothing changes and it seems that we disagree with the president".

Hariri's failure to form a non-partisan cabinet in the crisis-torn country narrows the chances for a cabinet formation any time soon to save the country from worsening financial conditions.

Aboul-Gheit urged the international community to stand by Lebanon and support its people in this critical phase.