Arab leaders to discuss Jordan economic crisis

Spread the info

Time: June 09, 2018

Saudi Arabia’s King Salman will hold a meeting with Jordan’s King Abdullah, Kuwait’s Emir Sheikh Sabah Al-Ahmad Al-Jaber Al Sabahand and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed on Sunday in the holy city of Makkah in Saudi Arabia, a Saudi Royal Statement said early on Saturday.

The joint meeting will discuss “ways to support Jordan to emerge from the economic crisis it is going through”, the statement added.

That likely means cash and support from the Arab nations to Jordan, which has experienced an economic downturn. Rising unemployment has hurt Jordan’s economy, as has taking in a large number of refugees from war-wracked Syria and Iraq.

Jordan’s King Abdullah II has replaced the country’s prime minister over protests against a proposed income tax hike. The unrest prompted a transition in the kingdom, with new Prime Minister Omar Al Razzaz, a former World Bank economist, withdrawing the controversial legislation.

Some protests have dwindled since then as people welcomed the move and said they would wait to see if the new cabinet would help stop price hikes.

The meeting comes after the UAE’s Minister of State for Foreign Affairs Dr Anwar Gargash told The National that the concerns facing the Arab world could only be dealt with by what he calls a moderate “Arab Centre”, capable of dealing with a world that has become more turbulent and complicated than ever before.

“We have to be more responsible for our fate. But we cannot do it as the UAE alone. We do need to create an Arab centre,” Dr Gargash said.

This article was first published in The National

If you want more interesting news or videos of this website click on this link The National Home 


Spread the info