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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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IMF warns of rising Arab public debt

rocky
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IMF warns of rising Arab public debt Empty IMF warns of rising Arab public debt

Post by rocky Sat 09 Feb 2019, 6:05 pm


IMF warns of rising Arab public debt

22:30 - 09/02/2019



IMF warns of rising Arab public debt 1020791105-696x377
Information / follow up
The International Monetary Fund (IMF) has warned Arab countries of a rapid increase in public debt due to the continued rise in the budget deficit since the global financial crisis in 2008.
"Unfortunately, the region has not yet fully recovered from the global financial crisis and other major economic turmoil of the last decade," IMF Director Christine Lagarde said on Saturday at the Fourth Public Finance Forum in Dubai.
Lagarde added that "economic growth has improved among oil-importing countries only, but it is still below pre-crisis levels." Public debt in Arab oil importing countries rose from 64 percent of GDP in 2008 to 85 percent in 2018.
Lagarde stressed that public debt in about half the Arab countries currently exceeds 90% of GDP, noting that "the next economic path of the region is fraught with challenges."
And called on oil-exporting countries to use renewable energy in the coming period in line with the Paris Climate Convention, which provides for reducing emissions harmful to the environment.
Lagarde called on countries in the region to achieve greater transparency, reforms and anti-corruption measures.
Last month, the International Monetary Fund cut its forecast for economic growth for Saudi Arabia, the world's largest oil exporter, and for the Middle East and North Africa region due to falling oil prices, declining production and geopolitical tensions. End 25 n

rocky
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IMF warns of rising Arab public debt Empty IMF warns of rising Arab public debt

Post by rocky Sat 09 Feb 2019, 6:15 pm

IMF warns of rising Arab public debt

Saturday, 9 February

IMF warns of rising Arab public debt NB-260402-636853331731757799


, warned the International Monetary Fund , Arab countries from the rapid rise of public debt because of thecontinuing rise in the budget deficit, since the global financial crisis in 2008. 

The Director of the International Monetary Fund, Christine Lagarde, on Saturday during the Fourth Forum of Public Finance , held in Dubai : " Unfortunately, the region has not yet fully recovered from the global financial crisis and other major economic turmoil of the last decade. "




Lagarde added that "economic growth has improved among oil-importing countries only, but it is still below pre-crisis levels." Public debt in Arab oil importing countries rose from 64 percent of GDP in 2008 to 85 percent in 2018. 

Lagarde stressed that public debt in about half the Arab countries currently exceeds 90% of GDP, noting that "the next economic path of the region is fraught with challenges."


https://www.alsumaria.tv/news/260402/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%8A%D8%AD%D8%B0%D8%B1-%D9%85%D9%86-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A7%D9%84%D8%AF%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D8%B9%D8%B1/ar
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IMF warns of rising Arab public debt Empty international monetary economy warns Arab countries

Post by rocky Sat 09 Feb 2019, 6:24 pm

[size=32]
international monetary economy warns Arab countries[/size]
IMF warns of rising Arab public debt Dolar%20(6)

 Twilight News    

 6 hours ago




The International Monetary Fund (IMF) has warned Arab countries of a rapid increase in public debt due to the continued rise in the budget deficit since the global financial crisis in 2008.
"Unfortunately, the region has not yet fully recovered from the global financial crisis and other major economic upheavals of the last decade," IMF Director Christine Lagarde said on Saturday at the Fourth Public Finance Forum in Dubai.
Lagarde added that "economic growth has improved among oil-importing countries only, but it is still below pre-crisis levels." Public debt in Arab oil importing countries rose from 64 percent of GDP in 2008 to 85 percent in 2018.
Lagarde stressed that public debt in about half the Arab countries currently exceeds 90% of GDP, noting that "the next economic path of the region is fraught with challenges."
And called on oil-exporting countries to use renewable energy in the coming period in line with the Paris Climate Convention, which provides for reducing emissions harmful to the environment.
Lagarde welcomed the introduction by Saudi Arabia and the UAE of value added tax and transitional taxes on goods, and called on countries in the region to achieve greater transparency, reforms and anti-corruption measures.
Last month, the International Monetary Fund cut its forecast for economic growth for Saudi Arabia, the world's largest oil exporter, and for the Middle East and North Africa region due to falling oil prices, declining production and geopolitical tensions.




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