Lebanon Businessnews News
 

Public Debt Keeps Climbing
The debt reached $49.2 billion at the end of September
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It has reached $49.2 billion, an increase of almost eight percent year-on-year. Debt in domestic currency increased by 15 percent to $27.8 billion, equivalent to 56 percent of the total.

The debt is held by commercial banks (61 percent), the Central Bank (25 percent), and by public agencies, financial companies, and the public. 

Date Posted: Dec 02, 2009
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