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Mazhar Saleh: The summer season generates economic activity in personal income that exceeds the state of recession
Time: 04/11/2024 13:33:46 Read: 1,573 times
{Economic: Al-Furat News} The financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, explained today, Thursday, that the
summer season generates economic activity in personal income that exceeds the state of recession. Saleh told {Al-Furat News} agency:
“I do not think there will be a recession in the markets and
the country is heading into the summer, as
each season has its conditions and life, economic and social requirements.” He explained,
"Markets adapt in organizing their offer to meet seasonal changes,
especially the needs of the summer season due to the temperature of the weather and the requirements of living." He added,
“Business activity in construction and construction requires the creation of a demand for goods and services that suit the country’s season, which is characterized by high temperatures,
taking into account that the summer season is considered one of the best prosperous seasons in providing a local supply of agricultural products, which generates high-employment internal economic activity.
There is an abundance of personal income and an increase in demand or total spending,
which encourages economic activity, which goes beyond the state of recession.”
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Time: 04/11/2024 13:33:46 Read: 1,573 times
{Economic: Al-Furat News} The financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, explained today, Thursday, that the
summer season generates economic activity in personal income that exceeds the state of recession. Saleh told {Al-Furat News} agency:
“I do not think there will be a recession in the markets and
the country is heading into the summer, as
each season has its conditions and life, economic and social requirements.” He explained,
"Markets adapt in organizing their offer to meet seasonal changes,
especially the needs of the summer season due to the temperature of the weather and the requirements of living." He added,
“Business activity in construction and construction requires the creation of a demand for goods and services that suit the country’s season, which is characterized by high temperatures,
taking into account that the summer season is considered one of the best prosperous seasons in providing a local supply of agricultural products, which generates high-employment internal economic activity.
There is an abundance of personal income and an increase in demand or total spending,
which encourages economic activity, which goes beyond the state of recession.”
[You must be registered and logged in to see this link.]
