Jordan’s King Calls for Economic Recovery in Middle East

Posted October 22nd, 2011 at 2:55 pm (UTC-5)
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Jordan's King Abdullah has urged attendees at an international forum to encourage economic growth in the volatile Middle East.

Speaking to an audience at a two-day special meeting of the World Economic Forum, the king said jobs are urgently needed in the region to counteract the highest youth unemployment rate in the world.

He said the region needs entrepreneurs, innovators, educators, and policy-makers to help create the 85 million news jobs the region needs.

He said to prosper in the future, the Arab region must create, dignity, opportunity, democracy, and peace and justice.

Libya's acting Prime Minister Mahmoud Jibril told the Associated Press that his country has only 32 percent of its oil resources left and must look for other sources of income.

Former Arab League chief and Egyptian presidential hopeful Amr Moussa told the same news agency that he believes reinvigorating Egypt's economy after the ouster of President Hosni Mubarak will take “serious” work, planning, and stability.

The special meeting was held in Jordan, on the shores of the Dead Sea.