Business Services Industry

LEBANON: $214 MILLION BALANCE OF PAYMENTS DEFICIT.

IPR Strategic Business Information Database, May, 2008

According to Assafir newspaper (May 18, 2008), a recently released report by the AUDI Bank, one of top 10 banks in Lebanon and a reputable bank world wide, shows that the Lebanese balance of payments account had recorded a $214 million deficit in the first quarter of 2008.

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