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December 2 2021 5:42 AM ˚
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Gov’t calls for cooperation to achieve economic recovery

Minister of Planning and International Cooperation, Nasser Al-Shraideh, stressed during the meeting that the government is working to translate His Majesty King Abdullah’s directives into deliverables
Minister of Planning and International Cooperation, Nasser Al-Shraideh, stressed during the meeting that the government is working to translate His Majesty King Abdullah’s directives into deliverables to serve the national economy, Al-Ghad reported. (Photo: Jordan News)
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AMMAN — The government on Tuesday showed the Jordan Chamber of Commerce’s board of directors and representatives from commercial sectors, its work priorities for the next two years.اضافة اعلان

Minister of Planning and International Cooperation, Nasser Al-Shraideh, stressed during the meeting that the government is working to translate His Majesty King Abdullah’s directives into deliverables to serve the national economy, Al-Ghad reported.

He added that it is a difficult point in time that requires everyone to cooperate and join together to enable the national economy to recover, achieve growth, increase employment, and support the sectors most affected by the coronavirus pandemic.

Shraideh stressed that the government is keen to engage in dialogue with the private sector and listen to the ideas it presents on the first draft of its work priorities before it is approved in its final form and submitted to King Abdullah at the end of this month.

The head of the Jordan Chamber of Commerce Nael Kabariti brought up prominent local economic issues, namely public debt, inflation, investment, and the role of legislation in economic advancement.

He also explained that trade, services, and agriculture employ the most local labor.

The participants stressed the necessity of cutting through red tape and facilitating registration for companies, amending economic legislation, retaining local investment, and accelerating tax and customs.

They also pointed to the importance of accelerating access to economic recovery, marketing Jordan's investment in an integrated manner, and granting concessions to some regions in the Kingdom to attract investment and more evenly distribute development.

Lastly they stressed the need to pump more liquidity into the local market to revitalize the economy, reduce credit costs, raise loan ceilings, reevaluate taxes on some items, and improve electronic sales.

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