According to the Ministry of Finance (MoF), Lebanon’s gross public debt recorded an annual increase of 7.83% to reach $82.90B in July 2018.
In details, local currency debt (denominated in LBP) constituting 57.48% of total gross debt rose by 1.03% year-on-year (y-o-y) to $47.65B. Moreover, foreign currency (FC) debt, grasping the remaining 42.52%, grew by 18.64% y-o-y to stand at $35.25B.
In its turn, net public debt, which excludes public sector deposits at commercial banks and BDL, reached $72.47B in July 2018, up by a yearly 8.87%.
Gross Public Debt in July (in $B)