According to the Ministry of Finance (MoF), Lebanon’s gross public debt continued to rise by a yearly 4.36%, to hit $77.27B by Aug. 2017.
In details, Debt in local currency LBP (61.4% of the total gross public debt) recorded an uptick of 5.58% year-on-year (y-o-y) to reach $47.47B.
Debt in foreign currency (38.6% of total debt) also increased by a yearly 2.47% to stand at $29.81B by August 2017.
As for the net public debt, which excludes public sector deposits at commercial banks and the Central Bank, it slipped by an annual 9.31% while it rose by 2.64% since December 2016, to reach $67.15B by Aug. 2017.
Gross Public Debt in Lebanon & its Constituents (by August)