By continuing to use the site you agree to our Privacy & Cookies policy

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.

  • Email
  • Save
  • Email
  • Share
  • Save

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

Follow MEED on

Linkedin     Twitter     RSS Newsletter