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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 ...
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 .
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
Government debt is typically measured as the gross debt of the general government sector that is in the form of liabilities that are debt instruments. [2]: 207 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future.
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 ...
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 appointed government also has to pass a confidence vote in the Parliament of Lebanon. As stipulated in Article 95 of the Lebanese constitution, [2] there are two requirements for the council of ministers to be considered constitutional: 1- It has to be composed of an equal number of Muslim and Christian ministers.