Budget deficit reached 16.6 percent (or LL2.282 trillion) of total spending in the first 10 months of 2011, in comparison with a deficit of 26.63 percent in the same last year period, registering a decline of LL1.5 trillion.
Trade deficit surged by 18% in the first 10 months of 2011, to $13.3 billion. Total imports reached $16.9 billion, registering an increase of 15.3% from the same last year period. Aggregate exports reached $3.6 billion, an increase of 3.3% from the same last year period.
Airport activity up 2% in the first 10 months of 2011. Figures released by the Hariri International Airport (HIA) show that the number of airport passengers (arrivals, departures and transit) totaled 4,737,489 in the first 10 months of 2011, up 1.7% from the same period last year, as reported by Lebanon This Week Byblos Bank's economic publication.
Consolidated balance sheet of commercial banks in Lebanon shows that total assets reached $139.5bn at the end of October 2011, constituting an increase of 8.2% from end-2010 and a rise of 10.2% from end-October 2010.
Central Bank’s holdings of treasury bills up by $4 billion. Central Bank Governor Riad Salamé indicated that the Central Bank bought more than LBP6,000 billion, equivalent to $4 billion in government Treasury bills so far this year, in order to maintain interest rates at their current level.
New car sales down 3 percent in the first 10 months of 2011. A total of 27,473 of new passenger cars were sold during the first 10 months of 2011, posting a decline by 3.3 percent from 28,413 recorded in the same last year period, according to the Association of Car Importers in Lebanon.
Budget deficit dropped by LBP858 billion in the first 10 months of 2011 compared to the same last year period, to reach LBP1.471 trillion, a 21.42 percent of total spending, according to the Finance Ministry.
A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.