AMMAN — Former deputy prime Minister
Jawad Al-Anani said Sunday that the Jordanian economy has been affected by a number
of political factors over the past decade, stressing that the Kingdom’s total
external debt amounted to JD15 billion, the Jordan News Agency, Petra,
reported.
اضافة اعلان
In a lecture
organized by the Middle East Institute for Media and Political Studies in
cooperation with the Jordanian Association for Political Science entitled “The
Jordanian Economy in a Changing Environment”, Anani said that the
Central Bank of Jordan (CBJ) should consider pump-ing JD1 billion from its reserves into the
economy to offset the repercussions of inflation that are hitting many
countries, especially in the aftermath of the war in Ukraine.
He said that
injecting this amount into the country’s economy could be part of a plan to
provide financial grants to projects that would create job opportunities for
young people, provided that project owners match such amounts.
Anani warned of
the danger of corruption in all its forms, pointing out that the spread of
corruption occurs among junior employees who provide services in some public
institutions, a matter that requires attention without limiting it to the
senior or middle leadership of these institutions.
In response to a
question about the presence of oil in the Kingdom, Anani said that studies have
proven that there is no oil in commercial quantities, despite extensive
exploration by the
Ministry of Energy.
He explained that
Jordan is “a highly sensitive country” because its economy depends on foreign
donors, it borrows from abroad, is dependent heavily on aid, and its main
export is manpower.
Anani added that
there is still no accurate data on the Kingdom’s unemployment rate while the
number of foreign workers remains unclear.
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