Financial and Banking News


Lebanon's Public Debt up 17% in First Five Months of 1985

According to recent statistics released by the Banque du Liban (Central Bank), the total domestic public debt of the Lebanese Government at the end of May stood at LL35.529bn - LL9.940bn from the Banque du Liban and LL25.589bn from the sale of Treasury Bills - compared to LL35.046bn at the end of April and LL30.400bn at the end of 1984. The statistics also show the government had...