Gross Public Debt Rose to $74.51B by October 2016

Lebanon’s gross public debt registered a yearly rise of 7.91%, to stand at $74.51B by October 2016.

In details, debt in local currency, LBP, grasping 61.06% of the total gross public debt, grew by 5.97% y-o-y to $45.50B, and debt in foreign currency increased by 11.10% y-o-y to $29.01B by October 2016.

BDL was the largest holder of local currency debt, with a share of 44%, while Lebanese commercial banks and other non-financial sectors held the remaining shares of 40.2% and 15.8%, respectively. Moreover, foreign currency debt was mainly constituted of Eurobonds with a share of 92.7%, while multilateral, bilateral and Paris II loans took respective shares of 3.6%, 3.3%, and 0.1%.

Local Currency Debt by Type of Holder

Gross Public Debt Rose to $74.51B by October 2016

Source : ABL

 

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