VOL. XXXVIIINO. 1112-DECEMBER-1994

Financial and Banking News

Economic Indicators

Siniora Details Lebanon's Total Debt

Lebanon's total debt stands at $4.33bn, according to Mr. Fuad Siniora, theLebanese Minister of State for Financial Affairs. He estimated external debt at$730mn (including last September's Eurobond issue MEES, 3 October) and internaldebt in local currency at $3.6bn. Mr. Siniora said that the government'sobjective was to reduce the budget deficit and at the same time to raise...