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In economic growth.. By: Hani Al-Hamdan

2021-12-06T22:22:50.605Z


There are many statements about the reality and nature of economic growth.. What is growth.. What does that mean..? many terms


There are many statements about the reality and nature of economic growth.. What is growth.. What does that mean..?

There are many terms that vary and differ, but in the meaning and substance there is something close to agreement on it.

The slow growth has reasons, and it may take difficult curves if accompanied by force majeure, and the latter slows down and may completely hinder the wheels’ tempo, and it may even come out of the production cycle completely, and the decline occurs, plans fail, issues become complicated, and produce effects and repercussions such as price hikes and inflation, and increasing demand In the face of scarcity and a dearth of available.. and this leads to what else..?

This leads to weakness in the operation or employment of the means of production, and this employment poverty leads to poverty in performance, and this is followed by an increase in the percentage of poverty and the poor, and narrowness and restlessness in the activities and activities of production as a whole.

Our economy today has suffered and is still suffering from repercussions that have become known, and they had a negative role, which it called that it did not grow during the previous years, and the end of it, with its public and private parts, reached something like a deficit in creating new job opportunities, and opening work fronts that would fill the increasing needs in the face of severe pressures and challenges, and all What the modest economic growth achieved has gone to benefits that may have been postponed for years, and in this case it is not possible to change the conditions and the indicative ratios and the movement of their development unless the mechanisms of dealing and effective intervention are changed and a positive breakthrough is made in this regard towards pushing it, and I mean here what is related to the issues and requirements of the private sector, i.e. more activation In contributing to the construction of a solid wall through the launch of major projects with comprehensive goals that achieve all goals, and full involvement in investment operations in a more expansive manner accompanied by a set of official incentives, and this is what the state has worked to activate recently, and the impact of a number of legislations issued was positive and strong to attract not only local capital ,but ratherglobal as well. The investment environment has become fertile, rich, and has faster flexibility in the face of any welcome investment flows.

Despite the importance of partial reforms in any sector, their benefits may be delayed and the achievement of booms and the comprehensive development dimension may be delayed. Sometimes we see that all economic indicators are slow and idling in place, despite the existing reform umbrella, legislation and economic laws, and the government’s efforts on several fronts to create the desired breakthrough that activates And he does business together.

The future holds many positive indicators that suggest the return of work and the movement of investment through the launch of major economic and service projects, which have begun to appear on the ground.

Source: sena

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