Financial and Banking News
BUDGETS AND REVENUES
Lebanese Debt Soars But Forex Reserves Improve
The Lebanese government's domestic debt has continued to increase rapidly during the second quarter of the year after a slowdown in the first quarter, according to figures released last week by the country's central bank, the Banque du Liban. However, the increase in debt was financed by an increase in the sale of treasury bills, the government's traditional source of debt, which...