Financial and Banking News
BUDGETS AND REVENUES
Growth of Lebanese Domestic Debt Accelerates
Lebanon's public debt grew at an average monthly rate of LLl.8bn during 1985 compared with an average of LL0.8bn per month during 1984, according to provisional figures released by the Banque du Liban last week. The increase in the government's borrowing requirement was a result of a persistent deficit and falling domestic revenues. The total volume of domestic public debt stood at...