Cleared Checks Up To October 2008
On the banking sector front, Banque Du Liban “BDL” statistics reported some 41.8% annual expansion in the value of cleared checks to LBP 66,631 billion (9,581,377 checks) as at end of October 2008.
Bank Loans To The Private Sector
According to the Lebanese Press and Association of Banks in Lebanon (ABL), bank loans to the private sector expanded by 26.83% year-on-year to LBP 37,376 billion ($24.79 billion) as at end of September 2008.
Beirut Airport Activity Up To October 2008
The Beirut International Airport (BIA) activity surged by 18.18% during the first ten months of 2008 to 3.36 million passengers through October.
Saudi Inflation At 10.35% In September
According to the Saudi Press Agency, Saudi Arabia’s inflation eased to 10.35% in September 2008.
Budget Deficit In October 2008
According to the U.S Treasury Department, the U.S budget deficit widened by a staggering 317.61% on an annual basis to a record $237.2 billion as at end of October 2008.
