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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
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 ...
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.
A unique feature of the Lebanese system is the principle of "confessional distribution": each religious community has an allotted number of deputies in the Parliament in a form of consociationalism. In elections held between 1932 and 1972 , seats were apportioned between Christians and Muslims in a 6:5 ratio, with various denominations of the ...
The remainder is domestic debt, nearly all of which is in form of local bonds with maturities between 12 months and 30 years. That total figure includes a $3 billion bond and a $600 million loan ...
Bundles of Lebanese pound banknotes, their value now drastically reduced. The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine.