Gross Public Debt Rose to $74.73B by September 2016

Lebanon’s gross public debt recorded a yearly growth of 8.74%, to stand at $74.73B by September 2016.

In details, debt in local currency, LBP, accounting for 61.27% of the total gross public debt, increased by 7.26% y-o-y to $45.63B, and debt in foreign currency escalated 11.15% y-o-y to $29.09B by September 2016.

BDL was the largest holder of local currency debt, with a share of 43.9%, while Lebanese commercial banks and other non-financial sectors held the remaining shares of 40.3% and 15.8%, respectively. Moreover, foreign currency debt was mainly constituted of Eurobonds with a share of 92.5%, while multilateral, bilateral and Paris II loans took respective shares of 3.6%, 3.4%, and 0.1%.

Local Currency Debt by Type of Holder

Gross Public Debt Rose to $74.73B by September 2016

Source : ABL


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