Cleared Checks in the First Half of 2009

According to Banque Du Liban “BDL” statistics, the value of cleared checks firmed at LBP 37,946 billion (5,852,963 checks) in the first half of 2009.


MOF Aid Coordination Newsletter Update

According to the Ministry of Finance (“MOF”) Aid Coordination Newsletter number 20, the aggregate value of agreements (signed and disbursed) with international donors reached


$32 million and €25 million in June 2009.

Interest Rates Activity in the Lebanese Banking Sector Banque Du Liban (BDL) statistics reveal a shy monthly contraction in the average interest rate on Lebanese-pound denominated deposits to 7.06% in May 2009.


Bahrain’s Inflation Rate in May 2009

According to government official data, Bahrain’s inflation rate rose to 3.5% in May 2009 in comparison with 3.1% in April, owing mainly to the upswing in housing and utilities prices.


ISM Factory Index in June 2009

The Institute for Supply Management “ISM” conveyed a healthy expansion in U.S. factory activity to 47% in June, up from 44% in May, posting its highest level since the onset of the global financial crisis in September 2008.