Economic Social Council


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Honorable Chairs, Distinguished Delegates

Over the last few years, oil prices have rapidly declined, thereby causing significant revenue shortfalls in countries depended on oil production. Despite the benefits for consumers (such as lower cost of fuel) it is a major problem for the global economy and has to be solved.

Jordan is a country highly depended on oil import, especially from Saudi Arabia and the United Arab Emirates. We have significant oil shale depos...