The IMF informed that the rate of growth of the West Bank’s economy dropped from 8% to 4% this year. International aid has decreased from US$ 700 million to US$ 400 million.
Author: From the Newsroom
The United Nations Relief and Works Agency for Palestine Refugees in the Near East needs the amount to keep its emergency programs in the Gaza Strip, including food supplies to the poorest.
The International Coffee Organization expects 130 million bags to be produced in the 2011-2012 cycle, a 2.4% decline over the previous period.
Facamp College should promote the 1st International Dialogues – Edward Said and the Middle East on Tuesday. It should take place at the organisation’s auditorium, at 12:30 pm.
The Trade and Development Council of the UN should discuss the ‘systemic weaknesses’ and the imbalances of the international economy.
The state posted revenues of US$ 15.11 billion from exports of agriculture and livestock products from January to August, a 19.3% increase. The figure is equivalent to 23.6% of the national total.
Tourist flow worldwide grew by 19 million people in the first half. The number of travellers reached 440 million.
A survey conducted by Serasa Experian shows that compared with August 2010, there was growth of 14% last month. In comparison with July, the rate of increase was 8%.
Foreign sales generated US$ 1.39 billion in revenues in August. From January to August, export revenues reached US$ 9.89 billion. Production and licensing were all-time highs during the month.
Revenues were the highest in the last five years for the month, at US$ 777.53 million. From January to August, revenues from sales to the Arab countries grew by 37%.
Foreign sales of chicken rose 3.2% in volume in the first eight months of this year. The Middle East was the main destination.
Disbursements made by the bank declined by 5% from January to July this year compared with the same period of 2010. In the whole year, disbursements should reach US$ 88.6 billion.
The Brazilian Foreign Minister visited the North African nation to discuss political affairs and the strengthening of trade relations.
The Brazilian Foreign Minister visited the North African nation to discuss political affairs and the strengthening of trade relations.

