|Unit||Bil. LBP, NSA|
|Adjustments||Not Seasonally Adjusted|
For Lebanon, details of public debt (government debt), reported by two different sources.
Public debt is an obligation of a government. Although individuals are called upon in their capacity as taxpayers to provide funds for payment of interest and principal on the public debt, their private property cannot be attached to meet the obligations if the government fails to do so. Similarly, government property normally cannot be seized to meet these obligations. With sovereign governments, the debt holders can take only such legal action to enforce payment as the governments themselves prescribe.
The Lebanese government public debt data is published monthly by the Minstry of Finance and the Lebanese Central Bank. It consists of public debt and local currency debt (in LBP) and foreign currency debt (in USD).
We couput gross outstanding public debt.