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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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    Expectations Of Economic Recovery In The Arab Region During 2022 And 2023

    Rocky
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    Expectations Of Economic Recovery In The Arab Region During 2022 And 2023 Empty Expectations Of Economic Recovery In The Arab Region During 2022 And 2023

    Post by Rocky Mon 10 Jan 2022, 7:13 am

    [size=38]Expectations Of Economic Recovery In The Arab Region During 2022 And 2023
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    LAST UPDATE 01/09/2022 | 10:17 PM
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    The United Nations Economic and Social Commission for Western Asia (ESCWA) predicted an economic recovery for the Arab region in 2022 and 2023.
    The newspaper "Hespress" quoted "ESCWA" as saying in a research entitled "Economic and Social Developments in the Arab Region 2020-2021", in which it expected the continuation of the economic recovery that began in 2021, bringing the region's gross domestic product to 3.7 percent in 2022, and 3 .6 percent in 2023.
    The committee predicted that the pace of recovery will vary between countries according to several criteria, including the speed of vaccination campaigns against the Corona virus, oil and tourism revenues, and the volume of remittances and development aid flows.
    In its forecasts, the committee relied on two scenarios, one conservative and the other optimistic. The first assumes that the pace of vaccination will continue at its slow pace, with an average oil price of $60 per barrel, while the other assumes the progress of vaccination campaigns and an increase in global oil demand, and that the average oil price is $80 per barrel.
    For his part, Ahmed Moumi, the supervisor of the research team, expected that poverty rates in the Arab region will decrease from 27 percent of the total population in 2021 to about 26 percent in 2023, with the persistence of disparities between groups of countries, with unemployment rates remaining in The region has one of the highest rates in the world, reaching 10.7 percent in 2023, after it was 11.8 percent in 2021.
    The committee added in its expectations that the gross domestic product in countries affected by conflicts will grow by 4.5 percent in 2022, and 6.9 percent in 2023, noting that these expectations may be strongly affected by the repercussions of the new mutation of the Corona virus “Omicron” to achieve growth rates of no more than 2.8 percent in 2022, before recovering again in 2023, with growth rates reaching 6.4 percent. finished 25
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