VOL. XLVI

No 10

10-March-2003

LEBANON

Lebanon Receives $2.19Bn From Paris II Donors For Debt Restructuring

The Lebanese Government has so far received $2.19bn from several countries which participated at the Paris II donors conference last November out of total pledges of $3.14bn in low-interest credit facilities (deposits and loan guarantees) to help restructure Lebanons large public debt of some $30bn (MEES, 2 December 2002). The latest contribution was made by Saudi Arabia at the end of last...