The Ministry of Tourism said Tuesday that the number of tourists visiting Lebanon totaled 336,721 in the first five months of 2008, down by 1.8 percent from the same period of 2007. During May, the number was just 59,667, 17.9
Outgoing Finance Minister Jihad Azour predicted on Tuesday that Lebanon's GDP growth will see an upturn in 2008 as a result of a better political climate. "The GDP growth in Lebanon in 2008 is expected to be better than 2007
Central Bank Governor Riad Salameh on Tuesday criticized a lawsuit filed in New York in which Israelis hurt by Hizbullah rocket attacks claim that Lebanese banks are helping to fund the resistance group. In a written statement to the press,
Figures released by the Central Bank reveal that Lebanon's cumulative balance of payments, which mirrors net foreign assets in the country, registered a deficit of $556.9 million in the first five months of 2008. "Following the trifling monthly amelioration during