AMMAN –
Jordan's Chamber of Commerce has
renewed its call to the government to hold an urgent economic retreat in light
of the economic challenges facing the commercial sector, given the decline in
financial liquidity, according to Amman net.
اضافة اعلان
As part of its efforts to mitigate these
challenges, the Chamber emphasized the importance of not postponing loan
installments for individuals, as was done during the COVID-19 pandemic. The
Chamber believes that postponing loan installments could lead to negative consequences,
such as increased repayments, making it difficult for traders and consumers to
settle their debts.
The Chamber also discussed the impact of the
Russian-Ukrainian war on essential commodities, such as cooking oil, rice,
sugar, and pulses, due to export bans and supply chain disruptions.
To address these challenges, the Chamber
suggested the possibility of reducing the sales tax rate and unifying customs
and tax rates at 5 percent for all sectors to reduce smuggling and boost
investment.
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