Gross Public Debt Reached $82.95B by H1 2018

Lebanon’s gross public debt registered a yearly increase of 8.48%, to reach $82.95B by June 2018. In details, debt in local currency, LBP, grasping around 57.68% of the total gross public debt, rose by 2.22% y-o-y to $47.84B, and debt in foreign currency increased 18.36% y-o-y to $35.10B by June 2018.

BDL constituted the largest holder of local currency debt, with a share of 48%, while Lebanese commercial banks and other non-financial sectors held the remaining shares of 36.6% and 15.4%, respectively.

Moreover, foreign currency debt was mainly comprised of Eurobonds, with a share of 93.7% of foreign currency debt, multilateral loans (3.8%), bilateral loans (2.3%), and others (0.2%) percent)

Local Currency Debt by Type of Holder

Gross Public Debt Reached $82.95B by H1 2018

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