There were 186 results found for Jordan and Economy

There were 186 results found.

Overview

Facts for visitors: Useful information for business and leisure travellers
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Language & People The people of Jordan are renowned for their hospitality and friendliness. Most people will go out of their way to assist visitors, and making friends with local Jordanians is relatively easy. Arabic is the country’s official language, though English is also widely used. Street signs and buildings are often labelled in both Arabic and English. Still, knowing some basic Arabic…

Analysis

Tax reforms aim to bridge Jordan's budget deficit
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Jordan has made significant progress in preserving macroeconomic stability and reducing the fiscal deficit in the past few years. However, on the back of continued efforts by the government to fulfil the stipulations of the $723m extended fund facility agreement with the IMF, the government may need to pursue more widespread reforms to increase income tax revenues and limit tax avoidance if it is to…

Interview

Abdulwahab Al Bader, Director-General, Kuwait Fund for Arab Economic Development: Interview
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Interview: Abdulwahab Al Bader Which sectors of Jordan’s economy have the most development potential? ABDULWAHAB AL BADER: It is the KFAED’s policy to respect the development priorities of its emerging economy partners. In this way, the KFAED finances projects across various sectors, including transportation, energy, water and sewage, agriculture, industry, education, health, telecommunications…

Interview

Prime Minister Hani Al Mulki: Interview
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Interview:Prime Minister Hani Al Mulki How will the Jordan Economic Growth Plan (JEGP) 2018-22 support Jordan Vision 2025? HANI AL MULKI: The JEGP aims to revive economic momentum and expand the country’s development capabilities by creating sector-specific economic and financial programmes to support the policies laid out in Jordan Vision 2025. The plan seeks to place Jordan on the path…

Interview

Muhannad Shehadeh, Minister of State for Investment Affairs: Interview
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Interview:Muhannad Shehadeh What would you identify as the main priorities in attracting investment in the year to come? MUHANNAD SHEHADEH: Attracting high value-added investments that create jobs and enhance local communities’ development across the kingdom is a central priority and a main concern for me personally. We want to establish Jordan as a regional hub for investments as well as…

Overview

Traditions continue to shape modern-day Jordan
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The Hashemite Kingdom of Jordan is widely seen as a pillar of stability in a region that has been disrupted by conflict in recent years. Despite challenging surroundings, Jordan has managed to maintain efficient political workings and positive economic growth. As a country with scarce natural resources but a highly educated population, the kingdom aims to become a regional leader in sectors with significant…

Interview

Omar Malhas, Minister of Finance: Interview
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Interview:Omar Malhas How have the regional issues of recent years affected the economy of Jordan? OMAR MALHAS: Regional instability has posed – and continues to pose – severe challenges to economic growth and employment creation. First of all, the closure of borders has resulted in a reduced amount of transit trade, and less trade has the consequence of lower growth rates. For example,…

Overview

Jordan's national strategy to reinvigorate economic growth
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Macroeconomic growth hit a 25-year low in 2016 as ongoing regional volatility continued to constrain trade, exports and investment. The Syrian refugee crisis has exacerbated existing pressures on fiscal stability and social infrastructure, while public debt has been on an upward trend as the government attempts to cover the costs associated with hosting over 657,000 refugees. However, 2016 may have…

Interview

Nasser Shraideh, Chief Commissioner, Aqaba Special Economic Zone Authority: Interview
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Interview:Nasser Shraideh What areas are being targeted to maximise Aqaba’s strategic location and meet future demand? NASSER SHRAIDEH: It is high time for Jordan to solidify its efforts and fulfil promises by bringing in high value-added investments to strengthen the backbone of the economy. Jordan needs to emerge as a competitive and dynamic logistics hub, and Aqaba can be the figurehead…

Overview

Jordan's growing coastal city Aqaba continues to attract investment
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While most business activity is still concentrated in and around Amman, as Jordan’s only seaport city, Aqaba plays an important role in the economy. Since the decision to turn the coastal port city and its surroundings into a special economic zone was announced in 2001, its significance as an economic base and tourist destination has grown. Aqaba borders both Israel and Saudi Arabia, 360 km to the…

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There were 186 results found for Jordan and Economy

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