Lebanon’s gross public debt registered a yearly rise of 4.76%, to reach $76.88B by July 2017.
In details, debt in local currency, LBP, grasping around 61.4% of the total gross public debt, witnessed an incline of 6.29% y-o-y to $47.17B, and debt in foreign currency increased 2.42% y-o-y to $29.71B by July 2017.
BDL constituted the largest holder of local currency debt, with a share of 45.8%, while Lebanese commercial banks and other non-financial sectors held the remaining shares of 38.6% and 15.5%, respectively. Moreover, foreign currency debt was mainly covered in the form of Eurobonds, constituted 92.3% of foreign currency debt, while multilateral, bilateral and Paris II loans and multilateral loans, took respective shares of 4.3%, 3.1%, and 0.1%.
Local Currency Debt by Type of Holder
Source : ABL