President of the Jordanian Senate, Faisal Al-Fayez, met Thursday with a number of Jordanian experts and specialists in the fields of economy, renewable energy, agriculture, environment, water resources, and the optimal use of saline and deep water.
اضافة اعلان
During the meeting, Al-Fayez was briefed in detail on the economic feasibility of several studies prepared by the attendees, which aim to address Jordan’s pressing economic challenges, alleviate unemployment and public debt, resolve the water crisis, and support the transition to cost-effective clean energy—if properly adopted and implemented.
Al-Fayez stressed that Jordan’s economic challenges require a comprehensive national effort to overcome them, reduce poverty and unemployment, narrow the public budget deficit, boost economic growth, and enhance self-reliance.
He confirmed that all the studies presented will be referred to the relevant Senate committees for review and recommendation, after which the findings will be submitted to the government and followed up with stakeholders for implementation. He commended the presenters for their significant efforts and their commitment to strengthening Jordan’s economic resilience.
Dr. Mohammad Al-Farajat, one of the experts, presented a strategic study aimed at revitalizing the economy and strengthening national security for the period 2025–2030. The study, titled “Toward Comprehensive Productivity, Financial Reconciliation, and Equitable Geographic Development,” outlines an approach to save up to 3 billion dinars.
Al-Farajat emphasized that Jordan is facing a pivotal phase that requires a comprehensive national response to restructure the economy based on productivity, equity, and sustainability. His strategy calls for broad financial reconciliation to stimulate the domestic market, strategic investment in a new city and productive villages, equitable geographic development, and the strategic utilization of the eastern desert for security and development purposes. It also involves engaging future generations in development projects reliant on renewable energy and deep groundwater resources in the Badia region to reduce financial burdens and promote self-sufficiency, all while enhancing national security and attracting foreign investment.
He explained that implementing the strategy would yield multiple benefits, including stimulating local markets, increasing liquidity, reinforcing social stability, reducing unemployment, and attracting foreign capital.
Al-Farajat described the initiative as a new strategic path grounded in Jordan’s realities and challenges—one that transforms public debt into a lever for sustainable green development, backed by climate justice. He viewed it as a historic opportunity to reshape the relationship between international financing and economic sovereignty while ensuring a more just and stable economic and environmental future.
