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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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International Monetary Fund reduces its growth prospects in Jordan

rocky
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International Monetary Fund reduces its growth prospects in Jordan Empty International Monetary Fund reduces its growth prospects in Jordan

Post by rocky Wed 14 Nov 2018, 1:44 am


International Monetary Fund reduces its growth prospects in Jordan

10:22 - 14/11/2018
0



International Monetary Fund reduces its growth prospects in Jordan 20170416_135807
Information / Baghdad ..
The International Monetary Fund (IMF) has lowered its forecast for Jordan's GDP growth rate to 2.3% this year instead of its earlier forecast of 2.5% growth.
According to the World Economic Outlook issued by the International Monetary Fund, which obtained "tomorrow" a copy of it, the Fund predicted that the rate of inflation to 2.3% next year compared to 4.5% this year.
While the current account deficit is expected to fall from 9.6% to 8.6% this year.
Growth is expected to continue at a modest pace this year in oil-importing countries in the Middle East, North Africa, Afghanistan and Pakistan (MENAP) with moderate strength over the medium term, the IMF said in a report.
This growth is unbalanced and will probably remain low compared to previous general trends, with unemployment still high. In addition, high oil prices continue to weigh on public funds and external accounts.
The report pointed out that for larger, sustained and sustained growth, countries in the region must continue to implement structural and institutional reforms aimed at increasing competitiveness, giving impetus to investment and productivity, and encouraging a dynamic private sector capable of providing employment. Ending / 25

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International Monetary Fund reduces its growth prospects in Jordan Empty International Monetary Fund expects economic growth in Iraq by 0.9%

Post by rocky Wed 14 Nov 2018, 3:07 am

[size=30]International Monetary Fund expects economic growth in Iraq by 0.9%[/size]





International Monetary Fund reduces its growth prospects in Jordan 7e65cf47691b497468404d82dc0d2343


November 13, 2018 11:02 AM | Views

The International Monetary Fund (IMF) said Tuesday that economic growth in Iraq and other oil countries is expected to be 0.9 percent next year, while warning of the volatility of oil prices.
"The economy of the Gulf region in general will return to growth in 2018 after shrinking in some of its countries, but it remains vulnerable to fluctuations in oil prices," the IMF said in a report released today. "The rise in oil prices after the significant decline until 2016 will allow the Gulf economy Growth of 2.4% this year and 3% in 2019, after shrinking by 0.4% in 2017.

"With the oil market unstable and volatile, the IMF warned that" the growth prospects of the oil-exporting countries are affected by major doubts about the course of oil prices in the future. "
"Growth in the oil countries in the region outside the Gulf, namely Iraq, Iran, Algeria and Libya, is expected to reach 0.3 percent in 2018, after reaching 3 percent the previous year, before rising to 0.9 percent in 2019.
"This reflects a significant re-imposition of US sanctions against Iran, which will likely reduce Iran's production and exports over the next two years," he said, adding that Iran's economy is expected to shrink 1.6 percent this year and 3.6 percent next year. .


http://pressiraq.net/p=172524

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