Lebanon's sovereign debt to be cut to 100% of GDP by 2026, deputy FM says

Lebanon's government will reduce public debt to around 100% of GDP by 2026, and to 75% of GDP by 2032, deputy prime minister Saadeh al-Shami said on Wednesday during a meeting with Lebanon's creditors.

Al-Shami added that a full audit of the central bank's forex position, a condition of the International Monetary Fund, will be completed by June.

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