Lebanon Businessnews News
 

Debt burden up
Figures by the Ministry of Finance reveal that the gross public debt reached $49 billion at the end of December
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The net public debt reached $ 44 billion at the end of December 2009, up 5 percent from the end of 2008, the figures show.

Domestic currency debt totaled $28 billion, increasing by 7.6 percent compared to end of December 2008.

Foreign currency debt totaled $21 billion by the end of the third quarter of 2009, an increase of nearly 1 percent from the end of December 2008, the Bulletin said. 

Date Posted: Jan 04, 2010
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