VOL. XLIII

No. 31

30-July-2000

LEBANON

Lebanons Economic Situation Remains Negative

At the end of May Lebanons net public debt increased 16.2% over the level recorded in May 1999 to LL31,536bn ($20.92bn), according to the Central Bank on 24 July. Net domestic debt in May 2000 stood at LL23,326bn ($15.7bn), while foreign debt totalled $5.4bn. Lebanons trade deficit rose to $462mn in June, up from $452mn in May and from the June 1999 figure of $416mn, according to Lebanons customs authority on 24...