Economists say boycott increases growth and reduces unemployment

factory workers worker
(File photo: Jordan News)
AMMAN – Economists have confirmed that the boycott has contributed to enhancing the national product and changing the consumption pattern of citizens by turning towards Jordanian industries and national products.اضافة اعلان

According to experts interviewed by Jo 24, the boycott has caused significant losses to companies supporting the occupation, with Starbucks losing around $12 billion in market value. Some companies have exited markets in certain countries due to the boycott.

Experts emphasize the economic impact of the boycott on political decisions, highlighting that it reflects the rejection of the killing of Palestinians by supporting companies and affecting the economies of countries supporting the Zionist entity.

Economist Mohammed Al-Bashir stated that the global boycott sends a clear message of rejection of the global financial and economic system, denouncing political regimes contributing to the killing and starvation of people. He emphasized that the boycott has shown significant awareness among people, particularly in Jordan, who declared a boycott of companies supporting the occupation.

Bashir added that the boycott has pressured major companies in countries supporting the occupation, leading some of them to withdraw from the entity or certain markets. Statistics indicate a decline in Jordan's trade balance by JD1 billion due to the boycott, signaling an increased reliance on local industry, contributing to higher growth rates and lower unemployment.

Dr. Maflah Aql emphasized that boycotting Western products and companies supporting the occupation contributes to increased interest in national products and the promotion. 

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