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In the list below, government debt is measured for the general government sector because the level of government responsible for programs (for example, health care) differs across countries, and the general government comprises central, state, provincial, regional, and local governments, and social security funds. [1]: 18, s2.58, s2.59
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor.Debt may be owed by a sovereign state or country, local government, company, or an individual.
Lebanon, [b] officially the Republic of Lebanon, [c] is a country in the Levant region of West Asia.Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, [11] it is bordered by Syria to the north and east, Israel to the south, and the Mediterranean Sea to the west; Cyprus lies a short distance from the coastline.
If the total U.S. debt were divided by every household in the country, each household would get about $252,000, according to a September tweet from The Kobeissi Letter. See: How Far a $100,000 ...
However, critics fear that too much money is hoarded in the financial economy rather than spent in the real economy so that the total debt is spiraling up rather than being paid down. [ 13 ] [ 14 ] In fact, the global debt has grown by approximately 6% per year during the period from 2015 to 2021.
For 2002, the government has put primary emphasis on privatization, initially in the telecom sector and electricity, with continued planning for sales of the state airline, Beirut port, and water utilities. The government has pledged to apply the proceeds of sales to reducing the public debt and the budget deficit.
Positions in the government bureaucracy are allocated on a similar basis. The pact by custom allocated public offices along religious lines, with the top three positions in the ruling "troika" distributed as follows: the president , a Maronite Christian ; the speaker of the Parliament, a Shi'a Muslim ; and the prime minister , a Sunni Muslim .