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The Lebanese budget deficit is 41.5 million dollars in one month
Lebanon, Economics, 9/1/1997

A report issued by the Lebanese Central Bank (LCB) stated that the Lebanese budget deficit in June was 41.5 million dollars. It also showed that foreign debt increased from 1.959 million dollars in May to 2.139 million dollars in June.

Total loans increased to 1875 million Lira, while foreign currency loans increased to 7.719 million dollars, according to the LCB report.

Previous Stories:
  Hariri rejects suggestion that Lebanon issue new foreign debt bonds   (8/28/1997)
  Lebanon signs deal with Egypt   (8/8/1997)
  Sixty million US dollars from Italy to Lebanon   (8/6/1997)

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