Lebanon's debt was not sustainable. A sustainable debt is a debt that funds growth, employment, and contributes to the solvency value of Government budgets as well as the ability to pay the debt "without unrealistic fiscal adjustments" (IMF 2014).	43% of the debt incurred between 2010-19. GDP growth decreased dramatically starting 2010, and public debt increased unreasonably. Debt increased by 73% and was growing unreasonably and totally decoupled of GDP growth. This was an unsustainable debt.	LBP 72 trillion is Lebanon's domestic debt. More than two thirds of which is held by BDL and less than a third is held by local banks. These are CDs in LBP.
USD 34 billion is Lebanon's external debt. Half of this USD debt is held by foreign entities, a third is held by local banks and around a seventh is held by BDL.	LBP 62 trillion cumulative deficit. Lebanon sustained significant fiscal deficits driven mainly by tripling personnel cost and EDL subsidies for the period 2010-19. This was funded through debt issuance.	LBP 23.2 trillion of EDL subsidies. EDL subsidies represent 10% of government expenditure. This excludes substantive capital expenditures on EDL infrastructure that yielded very limited improvement to power supply. Ministry of Energy and Water is singlehandedly responsible for close to half of Lebanon's debt since 2010.