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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 ...
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. [4] [5]
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.
In 2001, the government turned its focus to fiscal measures, Increasing gasoline taxes, reducing expenditures, and approving a value-added-tax that became effective in February 2002. Slow money growth and dollarization of deposits have hampered the ability of commercial banks to finance the government, leaving more of the burden to the central ...
The foreign policy of Lebanon reflects its geographic location, the composition of its population, and its reliance on commerce and trade. As'ad AbuKhalil argues that foreign intervention has been a mainstay of Lebanon's domestic politics throughout its history as a nation-state, with British, French and American influence predominating from the declaration of independence in 1943 until the ...
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 .
Liban Press (Lebanese news headlines) (in Arabic, English, and French) Liban3000.com; Lebanese Tag (in Arabic and English) Ya Libnan (in English) NOW Lebanon (in Arabic and English) United Nations - Mehlis Report official report of the investigation into Rafiq al-Hariri's assassination; Government. The Lebanese Governmental Portal for ...