Lebanon debt hits 148% of GDP
Lebanon's finance ministry has said that the country's public debt climbed 8.6% to $51bn, or 148% of gross domestic product, at the end of last year, Arabic Al-Akhbar newspaper has reported. The Lebanese government has been selling Eurobonds to refinance its public debt, which was 160% of GDP in 2001 and reached a record 180% of GDP in 2006, the daily said.




