
Lebanon’s Public Debt Exceeds $100 Billion
This is Beirut, 11/06 15:40 - Reading : less than a minute
According to official statistics and reports from several local banks, Lebanon's public debt has exceeded the $100 billion mark. This historic level reflects years of accumulated budget deficits, inefficient public management, poor financial governance and a lack of structural reforms. This debt includes both domestic and external debt incurred ...