Lebanon Opportunities

Debt management

The current debt structure should be reorganized. It is currently split between debt in local currency and debt in foreign currencies, mostly US Dollars. The lenders in USD are mostly resident and non-resident nationals investing in Eurobonds directly or through institutions. There is also debt owed directly by the government to foreign parties.

The Foreign Currency Debt/GDP is 60 percent.

The net public debt amounts to $77 billion, which represents the gross public debt minus the equivalent of $9 billion cash held in deposits by the State in various accounts.

CANCEL OUT DEBT OWED BY THE STATE TO THE STATE

You’re reading a preview, subscribe to read more.

More from Lebanon Opportunities

Lebanon Opportunities5 min read
What’s New In Brief
Provided by The World Bank said it has approved a $200 million financing to improve the resilience of farmers and small and medium enterprises (SMEs) through the Green-Agri Food Transformation for Economic Recovery (GATE) project. The GATE project wi
Lebanon Opportunities6 min read
InfoPro Survey Salaries Are Increasing
A survey by InfoPro Research shows that a large number of companies are continuing to adjust salaries upwards. The survey indicates that wages are still worth half their value before the crisis in terms of real dollars. The trend is likely to extend
Lebanon Opportunities6 min read
The Past At The Service Of The Future
Tuk-tuks, golf carts, old sandstone buildings, nightlife, and lemonade – and crowds of tourists. You are in Batroun. A thriving business hub for hospitality anchored in history, location, and renovation. It enjoys alluring features that include sands

Related Books & Audiobooks