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


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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


    International concern about the economic situation in the Middle East.. What about Iraq?

    Rocky
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    International concern about the economic situation in the Middle East.. What about Iraq? Empty International concern about the economic situation in the Middle East.. What about Iraq?

    Post by Rocky Sun 16 Apr 2023, 7:07 am

    [size=35][size=35]International concern about the economic situation in the Middle East.. What about Iraq?[/size][/size]
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    Economy

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    2023-04-16 | 03:43
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    Alsumaria News - Internationals

    A senior official at the International Monetary Fund said today, Saturday, that the chances of banks in the Middle East and Central Asia being exposed to the banking turmoil that the United States and Europe witnessed last month are very limited, but financial pressures exacerbate the pressures resulting from high interest rates, volatile oil prices and the continuation of financial pressures. Inflation rates have been in double digits for years.


    The Director of the Middle East and Central Asia Department at[url=https://www.alsumaria.tv/Entity/44814/%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/ar/]International Monetary Fund[/url]Jihad Azour, that "the pressures of the banking sector came quickly after more stringent monetary policies that led to raising interest rates and reduced the possibility of obtaining financing," adding that "there is a growing gap between countries that have good credit and are able to access markets, including Morocco and Jordan and their exporters." Oil and others, and countries facing problems.
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    And he added, "We are concerned because the matrix of risks is constantly increasing: high interest rates, volatile oil prices, geopolitical tension, and this is the third year in a row that inflation continues to be in the double digits."

    He stated that "the stability of the financial sector is not the main concern, as it is preceded at the present time by concerns about high debt levels, the risk of social unrest, and the ability to maintain strict policies due to pressures on social conditions."

    "We see increasing vulnerabilities again, which is why countries are being encouraged to do more structural reforms, to increase their growth by at least 1 or 2 percent... They have a window of opportunity as governments are now willing to do more, not put money in," he added. in the vaults of central banks.

    and expect[url=https://www.alsumaria.tv/Entity/44814/%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/ar/]International Monetary Fund[/url]Last Thursday, GDP growth in the Middle East and North Africa region slowed to 3.1% in 2023 from 5.3% a year earlier.

    and put[url=https://www.alsumaria.tv/Entity/44814/%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/ar/]International Monetary Fund[/url] [You must be registered and logged in to see this link.]Egypt is at the top of the list of the highest growing Arab economies in 2023, and according to the Fund, the economies of both countries are expected to grow by 3.7%, which is a greater percentage than the expected growth in other Arab countries such as the UAE, Palestine and Saudi Arabia.[/size]

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