September 25 2022 3:02 PM E-paper Subscribe Sign in My Account Sign out

Jordan continues to ‘make significant progress’ in reform management

Amman
(Photo: Jordan News)
AMMAN — According to the World Bank, Jordan “continued to make significant progress” in implementing the reform management project which was launched in 2019 to coordinate and follow up on a reform package that the government committed to at the London Initiative Conference the same year, according to Al-Mamlaka TV.اضافة اعلان

The bank said that over the past six months, significant progress has been made in the implementation of the project, as well as in fulfilling many of the project’s development goals and intermediate results indicators.

The project evaluation document said that all new capital projects scheduled to be covered by the 2022 budget were not fully audited by the Public Investment Management and Public-Private Partnership Units because projects already included in the government’s economic priorities plan were given precedence.

According to the document, the capital projects audit process will be implemented during the period the 2023 budget is prepared, that is, by the end of the 2022 calendar year.

In its report, the World Bank emphasized that the objective of the project is to strengthen reform management and ensure that it is “proceeding satisfactorily”, while its implementation is proceeding “somewhat satisfactorily” with many intermediate results indicators already met or on track to be met by the end of the project.

The bank’s report pointed out to some of the government’s reforms including: restructuring the electricity tariff, starting to implement a roadmap for the financial sustainability of the National Electric Power Company by addressing its debts, finalizing the new Public-Private Partnership Law, introducing a new mechanism to address investor complaints supported by a new investor grievance regulation, exempting Syrian workers from work permits, and adopting new amendments to the Labor Law to protect women from losing their jobs.

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