Qatar Buys Government Bonds as Part of Pledge to Lebanon

  • Economics
Qatar Buys Government Bonds as Part of Pledge to Lebanon

Qatar purchased some bonds as part of $500 million investment pledge it had made to boost the Lebanese economy and help Lebanom manage one of the world's biggest debt, an anonymous Qatari government official told Bloomberg.

The rest of the investment was initially scheduled to be completed in January.

Qatar is committed to strengthening ties with Lebanon, the official stressed.

Source: Kataeb.org