A presidential decree issued this Friday eliminates the 1% rate levied on hedging operations made by exporters. The tax was implemented in 2011 to curb foreign exchange speculation.
Author: From the Newsroom
A survey conducted by the World Food Programme in November and December indicates that part of the population is unable to produce or buy the food it needs.
According to an evaluation of the International Monetary Fund, the country’s banking system is healthy. However, declining oil prices may harm the recovery of government-related enterprises.
The petrochemical company posted foreign sales revenues of US$ 6.5 billion last year, driven by increases in prices of some products. Still, the enterprise posted a loss.
In the preceding year, the growth rate was 5%. The economies of the countries surveyed grew by 0.7% in the fourth quarter of 2011, as against 0.9% in the third quarter.
Shipments totalled US$ 764 million in the first months of 2012, growth of 21% over the same period last year.
Japan purchased less in the period and Iran has been reducing imports since 2011. Sales to Iraq also fell. In the accumulated result for the year, however, shipments rose 3.1%.
Brazil exported the equivalent to US$ 6.517 billion from the 1st to the 11th of this month, whereas imports totalled US$ 6.257 billion.
By the end of last year there were 135 games of the type in the language of the region, according to a report of consulting firm Arab Advisors Group, based in Jordan.
Last Friday, requests started being bids for raises of the Import Tax on products whose sales were hindered by the world crisis. Requests may be submitted up until April 2nd.
The fair will take place on April 25th and 26th in Amman, featuring the latest developments in industry technology and products.
The shoe fair in German will be attended by buyers from the world over, including the Middle East. A group of 21 Brazilian companies will exhibit at the fair, which is due to start next Wednesday.
This was the total turned to exploration of 1,700 licenses granted by the country. Up to now, concession holders have revenues of US$ 4.3 billion.
FAO estimates this year’s harvest at 690 million tonnes, second only to 2011’s. International food prices grew by 1% in February.
