WORLD BANK 2009 PUBLICATION
The World Bank Group published in October 2009 a report titled “Status of Projects in Execution- FY09, Middle East and North Africa Region” unveiling a current World Bank portfolio in Lebanon comprising of 9 projects for total commitment amount of $244.61 million.
CENTRAL BANK GOVERNOR URGES LEBANESE BANKS TO ENCOURAGE LBP LENDING
According to the Lebanese press, the Lebanese Central Bank Governor recently urged Lebanese commercial banks to encourage LBP lending in accordance with the spirit of the Central Bank’s latest set of circulars in this perspective.
EVOLUTION OF CONSTRUCTION PERMITS AND CEMENT DELIVERIES
According to the Order of Engineers’ statistics, Lebanon’s registered construction permits fell by 4.17% to 1,230,300 sqm in September 2009, from 1,283,862 sqm in September 2008.
BAHRAIN’S INFLATION RATE IN SEPTEMBER 2009
According to government official data, Bahrain’s inflation rate rose to 1.97% in September 2009 in comparison with 1.67% in August 2009.
EXISTING HOME SALES IN SEPTEMBER 2009
The U.S. Department of Commerce posted a 9.4% expansion in existing home sales in September 2009 to a seasonally adjusted annual rate of 5.57 million units.
