October 3 2022 10:17 AM E-paper Subscribe Sign in My Account Sign out

A total of 59% of informal workers in Jordan — report

world bank
World Bank Headquarters Washington, US. (Photo:WB Facebook)
AMMAN — A report issued by the World Bank on employment in the Middle East and North Africa found that informal workers account for 59 percent of the total employment rate in Jordan, and the share of informal work in the private sector only reached around 75 percent, according to Al-Ghad News.اضافة اعلان

The report stressed that young entrepreneurs in Jordan face difficulty obtaining funds and have limited access to work for company establishment services.

The report, titled “Jobs Undone: Reshaping the Role of Governments towards Markets and Workers in the Middle East and North Africa,” emphasized that the percentage of informal employment out of total employment is higher in the private sector in the region.

The report stated that most of the MENA region’s economies lack the ability to compete in the market, mainly due to the state-owned enterprises that play a dominant role and benefit from preferential treatment in terms of taxes, financing, and subsidies. In addition, MENA countries have entities that act as government regulators and operators in state-owned enterprises, which declines the competitiveness in the market.  

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