Wednesday, June 11, 2008

Trade deficit

Trade deficit in Lebanon January to April 2008: $1 billion. These reports never cease to amaze me: Our main export products are pearls and precious metals and gems, electrical devices and simple metals and chemical products. Our main imports are...electrical devices, simple metals and chemical products. What happens to the jewelery? And can someone tell me why is Switzerland our main import partner? What do they import that is worth $164 millions in 5 months?

And while we're on the subject, here's the latest on public debt: $42 billions till the end of 2007.

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