Gross Public Debt Records an 8.63% annual Uptick to $77.17B in Q1 2017

According to the Ministry of Finance (MoF), the Lebanese Gross public debt reached $77.17B in Q1 2017, an 8.63% year-on-year (y-o-y) increase, and a 3.05% up tick from the beginning of the year.

Debt in LBP, constituting 61.29% of total gross debt, rose by 8.01% y-o-y to $47.3B, while foreign currency (FC) debt, grasping the remaining 38.71%, increased by an annual 9.63% to stand at $29.87B.

Net Public Debt, which excludes public sector deposits at commercial banks and BDL, stood at $66.24B in March 2017, increasing by a yearly 5.82%.

Lebanese Gross Public Debt & its Constituents in March

 Gross Public Debt Records an 8.63% annual Uptick to $77.17B in Q1 2017

Source: MoF

 

 

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