Public debt rapidly increases in Arab countries: IMF warns
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Public debt rapidly increases in Arab countries: IMF warns

IMF Managing Director Christine Lagarde said Saturday public debt among Arab oil exporter countries had increased from 64 percent to 85 percent of Gross Domestic Product (GDP) since 2008. "Unfortunately, the region has yet to fully recover from the global financial crisis and other big economic dislocations over the past decade," she told the Arab Fiscal Forum in Dubai. "Among oil importers, (economic) growth has picked up, but it is still below pre-crisis levels," she added. Public debt among Arab oil exporters rose from 13 percent of GDP to 33 percent of GDP, accelerated by the crash in oil prices around five years ago, she said. Lagarde said the region’s oil exporters “have not fully recovered from the dramatic oil price shock of 2014.” "Modest growth continues, but the outlook is highly uncertain," she said. “The bottom line: the economic path for the region is challenging.” The IMF last month lowered its economic growth forecasts for the world's top crude exporter, Saudi Arabia, citing a renewed fall in oil prices, low output and geopolitical tensions as the main reasons. The IMF warning came as research group IHS Markit company said last year that the Persian Gulf states were expected to increase their military speeding to some $100 billion by 2019. According to the report published in September, the Arab states of the Persian Gulf Cooperation Council (GCC) —Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman —will increase the military spending to reach record highs in 2019. Saudi Arabia is currently the third largest military spender in the world, according to the data provided by the Stockholm International Peace Research Institute last year.

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Islamic Channels are Fading out | Save Them

Islamic Channels are Fading out | Save Them

Islamic Channels are Fading out | Save ThemDonate here: Gofundme: https://www.gofundme.com/rationalbeliever Paypal: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EN79XRUF35QWL **************************************************************************************************************************************** As'salamu Alaikum Wa Rahmatullahi Wa Barakatuh, Dear viewers! As some of you are aware, it’s a couple of months that YouTube has updated its policies by setting the algorithms so that it targets Islamic content and channels. They removed so many Islamic channels from their partner program while almost none of those channels violated any of their policies. With this they try to fade out the Islamic Dawah. Same thing happened to our channel too… It is the third time that our channel is being targeted by YouTube. First they have banned a video worldwide for couple of hours, then they deleted a video with the claim that it violated their terms and conditions while it wasn’t the case... and recently they have demonetized our channel (the only source that could cover a part of our production costs) again by claiming that our content is violating their terms and conditions while in reality we have never promote violence, or produce inappropriate content. It seems like they want to demotivate us so that we stop producing Islamic contents. But by the will of Allah (swt) that will never happen! Indeed production of a professional content needs huge costs and time. A lot of efforts (e.g. providing topics, doing research, providing footage, making narration, recording, graphics, editing & etc...) goes into making only one video. And we alone are not capable of covering the whole costs since we have no more financial source. Therefore we ask you to join and take part in our dawah mission and support our channel in order to continue with even more amazing contents and to help us educate people around the world about the beautiful religion (ISLAM) and make them come closer to Allah (swt). Currently we are unable to create any patreon page due to some problems. But you can donate to the below gofundme and paypal links: For those brothers/sisters who have problem with the donation campaigns for Islamic channels: Just know that Allah is enough for them, it’s about your responsibility for your religion. They didn’t make these channels to make money out of them, for sure if they were looking for money, they would choose some other ways which would make way more money for them. But they chose to serve for their religion. They all try their best and have their own way of presenting the message of Islam… they face huge problems while making those contents which help you and your children. Be with them Support them to spread the truth And be the cause for guidance of masses In Sha Allah In sha Allah your donation will be counted as (Sadaqah Jaariyah) and will get continues rewards since these contents will reach to millions of viewers by the passage of time. If you can't support us financially, please make Dua for us. Jazzak Allahu Khairan, Rational Believer
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