VOL. XXXVII

NO. 10

6-DECEMBER-1993

Financial and Banking News

Budgets & Revenues

Lebanese Balance of Payments Improves, Report Shows

Lebanon recorded a balance of payments surplus of $480mn in the third quarterof 1993, according to a report from the Beirut Chamber of Commerce andIndustry's Center for Economic Research and Documentation. The surplus for thesecond quarter was $220mn, the report said. The report, which is the first to beissued by the Center this year, paints an optimistic picture...