AMMAN — The
Economic Modernization Vision is a turning point in the history of the Kingdom,
and citizens will reap its dividends in the future, experts predicted.
اضافة اعلان
The Vision is the
outcome of the National Economic Workshop sessions, held at the Royal Hashemite
Court upon Royal directives. The workshop is the culmination of discussions
held with the participation of over 500 specialists, stakeholders, and experts,
as well as representatives of the public and private sectors, parliament, and
civil society organizations, over several months.
His Majesty King
Abdullah and HRH Crown Prince Hussein attended the vision’s launch at the King
Hussein bin Talal Convention Center on the Dead Sea shoreline on Monday.
The vision, which
is in line with the comprehensive modernization across the political, economic,
and administrative tracks, is a roadmap for the coming years. It will guarantee
unleashing Jordan’s economic potential to achieve comprehensive sustainable
growth that enhances job opportunities, expands the middle class, and improves
living conditions.
Top among its
objectives is to map out effective initiatives to advance the mining sector in
the Kingdom by developing a national strategy for mining, establishing an
independent body for geological survey, and providing data related to surveys
in accordance with international standards.
Another
significant target is to set up a center for food security research, a
significant matter considering projected food shortages worldwide, partly
caused by Russia’s war on the Ukraine. The two countries are considered among
the world’s top wheat exporters.
Fares Al-Braizat,
chairman of NAMA Strategic Intelligence Solutions, told
Jordan News that
the modernization vision “will improve the economic situation in the country by
doubling the GDP within 10 years and creating 1 million new job opportunities
by 2033.”
Braizat said that
“nearly three-fourths of the investment required to achieve that growth will
come from the private sector and partnerships between the public and private
sectors, while the remaining one-fourth will come from regular public
expenditure by the government.”
“This vision will
be followed up on by the Royal Court through monitoring, evaluation and
learning,” he said. He explained that there will be a “mirror unit” set up at
the prime ministry and in every institution involved in the implementation of
the vision.
“There will be
regular reports on progress and learning throughout the process, where feedback
is going to be instant and it will be discussed with the concerned
institutions,” he pointed out.
Former Minister
of Finance Ezz Al-Deen Al-Kanakreyye told
Jordan News that “this vision
is very important, especially since it deals with current challenges, while
addressing the future”.
He said that the
vision is based on several foundations and takes into account the main
objectives, which include promoting growth and creating job opportunities.
In the first
phase, he said, “recommendations had been endorsed, and the important thing now
is to move on to the implementation phase.”
“It is important
the vision is under the auspices and supervision of the Royal Court”, he said,
noting that this improves its chances for success.
He labelled the
vision as representative of “the pulse of the street” because it was designed
by representatives of different sectors.
Culture Minister
Haifa Al-Najjar said the vision is a “reawakening” that allows Jordan “today to
see a beautiful view of the future.”
She stressed the
importance of having a “participatory, positive and safe culture that gives
hope to citizens. In addition to the importance of having hope and action
simultaneously to see this visiting materializing.”
Amman Mayor
Yousef Al-Shawarbeh said that the significance of the vision lies in the
presence of solutions to challenges that we faced during the past 10 years. He
stressed the importance of finding “real solutions, not just continuing to talk
about challenges”.
He said the
importance of the vision is manifested in the existence of cooperation between
the public and private sectors. “This is a real driver to secure job
opportunities” and that “our duty lies in maximizing opportunities and
addressing weaknesses.”
Environmental and
climate analyst Batir Wardam said the plan realizes “the great potential given
by the green economy in creating jobs and in cementing sustainable growth.”
Sulaiman
Al-Farajat, chairman of Petra Development Tourism Regional Authority, said that
“one of the things that give us optimism about this vision is that it is a
royal idea and will be pursued royally through the Royal Court, and therefore
it transcends governments.”
“It is necessary
to combine all efforts to get out of the current situation and create job
opportunities,” he added.
Awni Kawar, president of
Jordan Inbound Tour Operators Association, said the outcome of the vision is in
line with “the aims of the UN’s
Sustainable Development Goals, and therefore I can say that I am really
optimistic about it and I believe that it will contribute to the revival of the
economy.”
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