Cash-strapped Jordan is struggling to curb its debt
Riyadh: Saudi Arabia, the UAE, Kuwait and Jordan will meet Sunday to discuss ways to support Amman as it looks to tackle an economic crisis in the wake of protests.
Riyadh said in statement Saturday that King Salman Bin Addul Aziz called the rulers of the three other nations to set up a meeting in Makkah after demonstrations rocked Jordan over a proposed tax hike.
“They agreed to hold a meeting comprising the four countries…to discuss means of supporting Jordan to overcome its current crisis,” the statement carried by the official Saudi Press Agency said.
Cash-strapped Jordan, a close US ally that relies heavily on donors, is struggling to curb its debt after securing a $723-million loan from the International Monetary Fund in 2016.
Austerity measures tied to the loan have seen prices of basic necessities rise across the kingdom – culminating in a week of angry protests over tax proposals that forced prime minister Hani Mulki to resign.
The authorities on Thursday announced they were withdrawing the unpopular legislation, but still face a mammoth task to balance popular demands with the need to reduce the public debt burden.
Jordan blames its economic woes on instability rocking the region and the burden of hosting hundreds of thousands of refugees from war-torn Syria, complaining it has not received enough international support.
The World Bank says Jordan has “weak growth prospects” this year, while 18.5 per cent of the working age population is unemployed.
Saudi Arabia and the United States are two of the major donors providing vital economic assistance to Jordan.
source:
https://gulfnews.com/news/mena/jordan/riyadh-to-host-meet-on-jordan-economy-support-1.2233928
ALLIES FOREVER: Custodian of the Two Holy Mosques King Salman receives Jordan’s King Abdallah in Riyadh. (AP)
Categories: Arab World, Asia, Jordan
Yes, this is the way to go, to help each other for the benefit of all.
Dear Rafiq— how long Saudi cs can help or FEED Jordan. with Oil money?
My view that as long as Jordan cannot create million Jobs for its youth, Jordan cannot stand on their feed. Jordan are known lazy people and deligent to pray and worship Allah in Mosque.
A REMINDER FROM ALLAH.
You fool, Do you want to be shown that faith without works is dead or useless.James 2:20,
This wisdom is found in Al Quran
And when the Prayer is finished, then may ye disperse through the land, and seek of the Bounty of Allah: and celebrate the Praises of Allah often (and without stint): that ye may prosper. (Q.62:10)
They spend most their time to seek God by praying many times at mosque. They neglect or ignore to worldly activity, or to strengthen their economy and create jobs for community. In order people can live in peace, happiness and prosperity.
Fortunately Saudi, Gulf state are rich oil , otherwise these countries will face the same problem with Jordan, tet are also lazy people , not productive people but consumtive people. Very sad indeed.
Whereas Islam is a religion of prosperity. Why Muslim live in unproductive life? Why? Why?
That is why young Muslim like to immigrant to Christian countries. Chrustian countries can create million Jobs every years for their young people.
What is wrong Rafiq? Do you still blame US and Zionist?
Please blame our selve.it will be wiser.
Why does Israel can create million Jobs for its people? They can live in prosoerity and happiness. Think about it!
All love ❤️
Rafiq— how Allah bless Jews or the tiny State of Israel with prosperity, peace and liberty ( except the extremist Muslim, no liberty).
Allah love Israel very much, Allah has been protecting Israel from 4 times attacked by Arab Nations surrouded A tiny state of Israel.
Look ar this video, amazing of Allah’s blessing.
https://youtu.be/oxxYmn3HpDU
There are different aspects of this. An apparent blessing is also a responsibility. It does not look as if Israel is living up to its responsibility in the occupied territories. Allah’s punishment will follow. Wait and see. Israel is also a challenge to the Arabs to unite. Will they ? It does not look like yet. May be it will not happen until they will accept the spiritual guidance of the Khalifa of this time. See http://www.alislam.org !
HOW LONG SAUDI CAN FEED JORDAN PEOPLE? RAFIQ?
US has fed up to feed Jordan people with million dollars every years, because Jordan did not support US ( Jerusalem) US has cut aid to Jordan—let his brothers feed Jordan.
We all Muslim are in the wrong PATH of Islam. If not in wrong path of Islam, Muslim countries must live in peace, happiness and Prosperity.
In reality, most Muslim countries live in conflict and poverty.
ALLAH HAS REMINDED MUSLIM
Q.7:96 —If the people of the towns had but believed and feared Allah, We should indeed have opened out to them (all kinds of) blessings from heaven and earth; but they rejected (the truth) and We brought them to book for their misdeeds. Did the people of the towns feel secure against the coming of our wrath by night while they were asleep? (97) Or else did they feel secure against its coming in broad daylight while they played about (carefree)? (98) Did they then fell secure against the plan of Allah? but no one can feel secure from the plan of Allah, except those (doomed) to ruin! (99) To those who inherit the earth in succession to its (previous) possessors, is it not a guiding (lesson) that if We so willed, We could punish them (too) for their sins, and seal up their hearts so that they could not hear?
Rafiq— this is what is happening in Islamic world today.
Allah’s saying is a true indeed.
Rafiq— so we all Muslim are in the wrong path of the true Islam. We need to correct it. Yes Ahmadiyyah has been trying to correct it, but NOT ENOUGH YET. We need more to correct it.
All love ❤
As Allah has appointed the Imam of this age, The Promised Messiah and Imam Mahdi, Allah will bless those who follow him, and His Khalifas. See http://www.alislam.org
It has pleased Allah to locate most of the oil wealth in Muslim countries. It is indeed a great blessing but also a great challenge, to use those funds wisely for the benefit of all mankind. The oil rich Arabs in fact do use a lot for the benefit of all mankind, and not only Muslims. Look at the activities of The Kuwait Fund for instance (and others), but still more needs to be done. For education and job creation. And welfare of all. May Allah guide them.
Rafiq— you fo not believe that most Arab leaders and scholars are hypocrite— they follow God’s laws relate to spiritual thing like Shalat—fast—Hajji etc and pray to Allah so many times in Mosque and lesssss work to create million Jobs for their young people .
Si as long as Arab leaders keep being hypocrite there is no peace—speacially they keep hating Zionist Israel and Ahmadiyyah there is no blessing and peace.
Most oil money to buy arms to kill their brothers in Yamen, Iraq, Syria ect.
All love ❤️
My dear Somi, I am for ‘justice for all’ and therefore have to state that not only Arab leaders but also American and Israeli leaders are equally hypocrites, and probably you too, with your constant Zionist propaganda, claiming to have Progressive Islam at heart, when it seems you have Zionists at heart. And Allah knows best. As some readers said ‘wolf in sheep’s clothing’ … And Allah knows best.
Rafiq— If I am criticize Muslim leaders and Islanic teaching you accuse me —-zionist propaganda and Wolf in sheep’s clothing”
It is baseless— it shows hatred again. Allah knows the best.
Wait and see Rafiq— I prove here many times with God’s reminder— believe or not up to you again.
My duty is to remind my brother Muslims who are in wrong parh— hatred has blinded most Muslin leaders and Scholars in the world to see the TRUTH. The truth is LOVE all people and pray for enemy.
Please do not label me @ Wolf in Sheep’s clothing” it is not wise and fine.
All love ❤️
Rafiq—
My dear Somi, I am for ‘justice for all’ and therefore have to state that not only Arab leaders but also American and Israeli leaders are equally hypocrites, ++
What you stated above it is true— I do not reject all US and Israel leaders are not hypocrite— yes there are some—
But my point is that Arab leaders are mote hypocrites than US and Israel. Yes, Every country has hypocrite leaders.
US AND ISRAEL. have less hypocrite leader— that is why US and Israel has been blessed by Gid with peace, happiness and prosperity.
Please ask Ahmadiyyah whi live in UScand Israel!!!
They enjoy live in US and Israel than living in Islamic countries — is it not a true proof ? Think about that Rafiq.
That is the true Fact
All love ❤️