Lebanon Businessnews News
 

Stable Remittances
The World Bank estimates total size of remittances at $7 billion in 2009
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The World Bank and the IMF had initially forecast that remittances would probably plummet by around 12 percent as a result of the economic crisis in the Gulf and around the world.

As a percentage of GDP, Lebanon has the highest share of remittances among its regional peers in 2009. 
 

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Date Posted: Dec 03, 2009