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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Jordan: Our exports with Iraq are increasing month after month

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    • Post n°1

    Jordan: Our exports with Iraq are increasing month after month Empty Jordan: Our exports with Iraq are increasing month after month

    Post by Rocky Wed 27 Feb 2019, 1:51 am

    Jordan: Our exports with Iraq are increasing month after month

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    Jordan's economy is starting to improve after less than a year of tough fiscal reforms needed to cut debt and crucial to spur conflict-ridden growth in the region, Prime Minister Omar al-Razaz said, adding that exports to Iraq were increasing month by month.
    Before a major donor conference in London on Thursday, Al-Razzaz told Reuters his country would show its steps and commitment to implementing the IMF-supported financial and structural reforms that are crucial to stimulating the economy.
    King Abdullah appointed al-Razzaz in June to quell the country's biggest protests in years after tax increases under the guidance of the International Monetary Fund (IMF) to slash the huge public debt.
    Al-Razzaz, whose primary task was to restore confidence, pushed parliament in November to pass a new tax law as a key pillar in austerity measures to ease the financial crisis and stimulate stagnant growth that has hovered around 2 percent in recent years.
    Al-Razzaz said the expanded tax base along with the cut in public spending had increased state revenues and reduced pressure on state resources struggling to curb a public debt of about $ 40 billion.
    "The fundamentals of the economy are starting to improve, overall, overall financial and economic indicators are better," said Razzaz, who will lead his country's delegation to the London conference.
    In a statement issued by the International Monetary Fund (IMF) this month at the end of its last mission to review a three-year program to support financial and economic reform in Jordan, the economic landscape shows "renewed momentum despite challenges."
    Jordan has suffered from instability over its borders for years, partly because of the war in Iraq, Syria and the situation in the occupied West Bank.
    Instability has hit the economy of a resource-poor country and has hosted more than a million Syrian refugees. The unemployment rate among Jordanians according to the Department of Statistics was 18.4 percent.
    The country's fiscal consolidation plan aims to cut public debt to 77 percent of GDP by 2021 from 95 percent now.
    "We took the bitter medicine that was needed, and Jordan did everything in its financial capacity to allow for growth," said Razzaz. The burden now rests with the international donor community to push the country "to achieve sustainable growth," he said.
    Jordan had been in discussions with major donors and the World Bank for loans, grants and guarantees on concessional terms to repay outstanding debt-servicing debt, which was pressing the $ 13 billion budget.
     
    "All this makes the religion of Jordan possible and we can reduce it further."
    The International Monetary Fund (IMF) also called on the London conference to provide budget grants and soft funds that are strongly needed to support Jordan's reforms and its huge financial needs, which have been fueled by the shelter of many Syrian refugees.
    The economy is expected to recover in the next five years and achieve growth of more than 3 percent expected this year, supported by increased exports and the reopening of border crossings with Syria and Iraq.
    Analysts and credit agencies say the economy draws support from Western donors and geopolitical factors that ease economic and political pressure on the country.
    Al-Razaz said there were already signs of rising exports as the kingdom regained lost markets during the years of conflict on its borders.
    "Even our export figures are now showing up, month after month, especially with Iraq," he said.
    The country's political stability and macroeconomic fundamentals have allowed it to escape relatively unscathed from the turmoil that has spread throughout the region in recent years.
    "Jordan has proven its ability to withstand external shocks and to survive and even seize them at a time when it hosts refugees, and has done so properly," said Razzaz.


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    • Post n°2

    Jordan: Our exports with Iraq are increasing month after month Empty Al-Razzaz: Jordan's economy is improving and on its way to growth

    Post by Rocky Wed 27 Feb 2019, 1:52 am

    Al-Razzaz: Jordan's economy is improving and on its way to growth

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    Jordanian 



    [size=16]Jordanian Prime Minister Omar al-Razzaz said his country's economy was improving after less than a year of embarking on tough fiscal reforms needed to cut debt and crucial to stimulating growth that has been hit by conflicts in the region.[/size]
    [size=16]Before a major donor conference in London on Thursday, Al-Razzaz told Reuters that his country would "show its steps and commitment to implementing the IMF-supported financial and structural reforms that are crucial to stimulate the economy."[/size]
    [size=16]King Abdullah appointed al-Razzaz last June to quell the country's biggest protests in years after tax increases under the guidance of the International Monetary Fund to cut its huge public debt.[/size]
    [size=16]Al-Razzaz, whose primary task was to restore confidence, pushed parliament in November to pass a new tax law as a major pillar of austerity measures to ease the financial crisis and stimulate stagnant growth that has hovered around 2 percent in recent years.[/size]
    [size=16]Al-Razzaz said the expanded tax base along with the cut in public spending had increased state revenues and reduced pressure on state resources struggling to curb a public debt of about $ 40 billion.[/size]
    [size=16]"The fundamentals of the economy are starting to improve, overall, overall financial and economic indicators are better," said Razzaz, who will lead his country's delegation to the London conference.[/size]
    [size=16]In a statement issued by the International Monetary Fund (IMF) this month at the end of its last mission to review a three-year program to support financial and economic reform in Jordan, the economic landscape shows "renewed momentum despite challenges."[/size]
    [size=16]Jordan has suffered from instability over its borders for years, partly because of the war in Iraq, Syria and the situation in the occupied West Bank.[/size]
    [size=16]Instability has hit the economy of a resource-poor country and has hosted more than a million Syrian refugees. The unemployment rate among Jordanians according to the Department of Statistics was 18.4 percent.[/size]
    [size=16]The country's fiscal consolidation plan aims to cut public debt to 77 percent of GDP by 2021 from 95 percent now.[/size]
    [size=16]"We took the bitter medicine that was needed, and Jordan did everything in its financial capacity to allow for growth," said Razzaz. The burden now lies with the international donor community to push the country "to achieve sustainable growth," he said.[/size]
    [size=16]Jordan had been in discussions with major donors and the World Bank for loans, grants and guarantees on concessional terms to repay outstanding debt-servicing debt, which was pressing the $ 13 billion budget.[/size]
    [size=16]"All this makes the religion of Jordan possible and we can reduce it further."[/size]
    [size=16]The International Monetary Fund (IMF) also called on the London conference to provide budget grants and soft funds that are strongly needed to support Jordan's reforms and its huge financial needs, which have been fueled by the shelter of many Syrian refugees.[/size]
    [size=16]The economy is expected to recover in the next five years and achieve growth of more than 3 percent expected this year, supported by increased exports and the reopening of border crossings with Syria and Iraq.[/size]
    [size=16]Analysts and credit agencies say the economy draws support from Western donors and geopolitical factors that ease economic and political pressure on the country.[/size]
    [size=16]Al-Razaz said there were already signs of rising exports as the kingdom regained lost markets during the years of conflict on its borders.[/size]
    [size=16]"Even our export figures are now showing up, month after month, especially with Iraq," he said.[/size]
    [size=16]The country's political stability and macroeconomic fundamentals have allowed it to escape relatively unscathed from the turmoil that has spread throughout the region in recent years.[/size]
    [size=16]"Jordan has proven its ability to withstand external shocks and to survive and even seize them at a time when it hosts refugees, and has done so properly," said Razzaz.[/size]
    [size=16]Source: Reuters[/size]
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    • Post n°3

    Jordan: Our exports with Iraq are increasing month after month Empty Al-Razzaz: We are working to develop economic relations with Baghdad

    Post by Rocky Wed 27 Feb 2019, 2:54 am

    Al-Razzaz: We are working to develop economic relations with Baghdad



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    Jordanian Prime Minister Omar [You must be registered and logged in to see this link.]al - [You must be registered and logged in to see this link.]Razzaz met in Amman with a number of Iraqi businessmen and investors in order to develop economic cooperation and find projects that provide job opportunities for the citizens of the two countries and advance bilateral joint work.
    Al- [You must be registered and logged in to see this link.] said in a statement that "the meeting with a number of Iraqi economic figures represents a state of prophecy for the future in order to promote the economic cooperation between the two brotherly countries, which contributes to solving the problems and deepening the relationship between the two countries and expanding them at various levels." 

    The Prime Minister pointed out that "the agreement concluded with brotherly Iraq is very important, and we work alongside the Iraqi government to overcome the difficulties and restore economic relations to normal." 

    He explained that " the strengthening of the economic relationship between the two countries should feel the results the two peoples brothers, so working to create job opportunities for the people of the two countries and contribute to the economic development of their work. 

    The[You must be registered and logged in to see this link.] that"


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    • Post n°4

    Jordan: Our exports with Iraq are increasing month after month Empty Jordan: Our exports with Iraq are increasing month after month

    Post by Rocky Wed 27 Feb 2019, 4:17 am

    [size=36]Jordan: Our exports with Iraq are increasing month after month[/size]

    08:22 - 27/02/2019

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    BAGHDAD (Reuters) - 
    Jordanian Prime Minister Omar al-Razzaz said his country's economy was improving after less than a year of embarking on tough fiscal reforms needed to cut debt and crucial to spurring conflict-hit growth in the region. 
    Before a major donor conference in London on Thursday, Al-Razzaz told Reuters his country would show its steps and commitment to implementing the IMF-supported financial and structural reforms that are crucial to stimulating the economy. 
    King Abdullah appointed al-Razzaz in June to quell the country's biggest protests in years after tax increases under the guidance of the International Monetary Fund (IMF) to slash the huge public debt.
    Al-Razzaz, whose primary task was to restore confidence, pushed parliament in November to pass a new tax law as a key pillar in austerity measures to ease the financial crisis and stimulate stagnant growth that has hovered around 2 percent in recent years. 
    Al-Razzaz said the expanded tax base along with the cut in public spending had increased state revenues and reduced pressure on state resources struggling to curb a public debt of about $ 40 billion. 
    "The fundamentals of the economy are starting to improve, overall, overall financial and economic indicators are better," said Razzaz, who will lead his country's delegation to the London conference. 
    In a statement issued by the International Monetary Fund (IMF) this month at the end of its last mission to review a three-year program to support financial and economic reform in Jordan, the economic landscape shows "renewed momentum despite challenges."
    Jordan has suffered from instability over its borders for years, partly because of the war in Iraq, Syria and the situation in the occupied West Bank. 
    Instability has hit the economy of a resource-poor country and has hosted more than a million Syrian refugees. The unemployment rate among Jordanians according to the Department of Statistics was 18.4 percent. 
    The country's fiscal consolidation plan aims to cut public debt to 77 percent of GDP by 2021 from 95 percent now. 
    "We took the bitter medicine that was needed, and Jordan did everything in its financial capacity to allow for growth," said Razzaz. The burden now lies with the international donor community to push the country "to achieve sustainable growth," he said.
    Jordan had been in discussions with major donors and the World Bank for loans, grants and guarantees on concessional terms to repay outstanding debt-servicing debt, which was pressing the $ 13 billion budget. 
    "All this makes the religion of Jordan possible and we can reduce it further." 
    The International Monetary Fund (IMF) also called on the London conference to provide budget grants and soft funds that are strongly needed to support Jordan's reforms and its huge financial needs, which have been fueled by the shelter of many Syrian refugees. 
    The economy is expected to recover in the next five years and achieve growth of more than 3 percent expected this year, supported by increased exports and the reopening of border crossings with Syria and Iraq. 
    Analysts and credit agencies say the economy draws support from Western donors and geopolitical factors that ease economic and political pressure on the country.
    Al-Razaz said there were already signs of rising exports as the kingdom regained lost markets during the years of conflict on its borders. 
    "Even our export figures are now showing up, month after month, especially with Iraq," he said. 
    The country's political stability and macroeconomic fundamentals have allowed it to escape relatively unscathed from the turmoil that has spread throughout the region in recent years. 
    "Jordan has proven its ability to withstand external shocks and to survive and even seize them at a time when it hosts refugees, and has done so properly," said Razzaz.


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    • Post n°5

    Jordan: Our exports with Iraq are increasing month after month Empty Re: Jordan: Our exports with Iraq are increasing month after month

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