|10-22-2014, 09:44 PM||#1|
Lebanon to raise $4.4 billion in the next three years in Eurobonds
Lebanon’s finance minister said on Wednesday the government is planning to issue a $450 million Eurobond before the end of the year to provide finances for the country’s general needs.
Lebanese finance Minister Ali Khalil state the government is also planning to issue another $4.4 billion in Eurobonds throughout the next three years, and added that legislative approval for this should be done by early November.
“We have sent a draft law to the parliament to approve the issuance of $4.4 billion of Eurobonds. We are hoping to get the approval by next month,” Khalil said in an interview.
Until 2011, the economy of Lebanon was growing in a robust pace, but political issues that resulted in ousting the government of Saad al-Hariri, together with hundreds of thousands of Syrian refugees entering the country took their toll on the economy and the government spending capabilities.
The issues that will total $4.4 billion are expected to cover the needs of the government for the years of 2015, 2016 and 2017.
|مواقع النشر (المفضلة)|
|الذين يشاهدون محتوى الموضوع الآن : 1 ( الأعضاء 0 والزوار 1)|
|أدوات الموضوع||إبحث في الموضوع|
|انواع عرض الموضوع|
|الموضوع||كاتب الموضوع||المنتدى||مشاركات||آخر مشاركة|
|U.S. jobs report catapults U.S. dollar to its highest in four years||Hazem Ahlawy||Forex News||0||10-05-2014 03:23 PM|
|The Yen falls to 6 years low against dollar||Hazem Ahlawy||Forex News||0||09-05-2014 01:57 PM|
|ISM services industries index jumps to the highest in nine years||Hazem Ahlawy||Forex News||0||09-04-2014 04:34 PM|
|U.S. manufacturing activity expands the most in three years||Hazem Ahlawy||Forex News||0||09-03-2014 05:21 AM|
|Philadelphia Fed manufacturing index jumps to highest in more than 3 years||Hazem Ahlawy||Forex News||0||08-22-2014 01:29 PM|