According to the Association of Lebanese Banks (ABL), the Lebanese gross public debt reached $76.93B by April 2017, up by 2.7% since year start and by 7.36% compared to April 2016.
The gross public debt denominated in Lebanese Pounds (LBP), which represented 61% of the total gross public debt, grew by 0.6% year-to date and 6.89% year-on-year to reach $47.05B by April 2017.
As for foreign currency debt, it rose by 6.3% since year-start and by an annual 8.10% to $29.88B by April 2017.
The net public debt, which excludes the public sector deposits at commercial banks and at the Central Bank, registered a 6.11% annual uptick and a 1.4% year-to-date growth to reach $66.34B by April 2017.
Sources of Financing of Lebanon’s Gross Public Debt in LBP