In its most recent Credit Opinion report on Lebanon dated January 26, 2010, Moody’s Investors Service, the international rating agency, affirmed its “B2” rating for Lebanese government bonds with a positive outlook.
CENTRAL BANK GOVERNOR PAINTS A ROSY PICTURE FOR THE LEBANESE ECONOMY IN 2010
Lebanese Central Bank Governor Mr. Riad Salameh announced that the Lebanese economy is projected to expand by at least 5% in the year 2010.
BAYT.COM RELEASES JANUARY 2010 MIDDLE EAST JOBS INDEX SURVEY
According to the January 2010 issue of the Middle East Jobs Index Survey published by Bayt.com, the job market in Lebanon is projected to improve on the long run with 32% of the surveyed indicating a probability of hiring over the following one-year period.
202 SUSPECTED MONEY LAUNDERING-RELATED CASES IN LEBANON IN 2009
The ninth report published by the Special Investigation Commission (SIC) unveiled that the total number of suspected money launderingrelated cases attained 202 in the year 2009.
Egypt’s Economy to Register 5.5% Growth in the Year 2010/2011
According to the Egyptian Economic Development Minister, the Egyptian economy is expected to expand by 5.5% in real terms in the fiscal year 2010/2011.
BUDGET DEFICIT IN JANUARY 2010
According to the U.S. Treasury Department, the U.S budget deficit tightened by a significant 31.75% on an annual basis to $43 billion in January 2010.
