Ministers present draft program for Economic Modernization Vision

(Photo: Jordan News Agency, Petra)


AMMAN — Deputy Prime Minister for Economic Affairs and Minister of State for Public Sector Modernization Nasser Shraideh and Minister of Planning and International Cooperation Zeina Toukanmet Tuesday at the Prime Ministry with a number of facilitators and participants who contributed to preparing the Economic Modernization Vision, Al-Rai daily reported.


The meeting, Shraideh said, is part of a series of consultative meetings that the government is holding with partners, institutions, and experts from various sectors to inform them of the draft executive program for the vision before submitting it to the Council of Ministers in preparation for its approval and implementation.


He pointed out that the government formed four ministerial committees and 22 sectoral teams to design and develop the executive program for the vision last August, indicating that the program was aligned with the matrix of economic reforms and sustainable development goals.


He stressed that the Planning Ministry, in cooperation with ministerial committees and sectoral teams, developed a draft of the executive program for the vision for the first phase, for the years 2023–2025, pointing out that this draft is a living document that is subject to annual review and evaluation, in accordance with developments and the government’s economic priorities.


He and Toukan presented the most prominent features of the draft program, which includes 147 initiatives out of 366 mentioned in the vision, which was chosen according to the availability of necessary funding in the general budget and external grants, and their connection to the government’s current economic priorities, in order to support recovery from the pandemic, promote economic growth and create job opportunities.


The aim is to promote and attract local and foreign investments, as well as enhance partnerships with the private sector.


These initiatives, which include projects, policies, and procedures, have a time frame for implementation, measurement tools, and an electronic system for tracking performance.


The vision was launched under the auspices of His Majesty King Abdullah last June; it includes initiatives in various sectors, focuses on unleashing the full economic potential that generates employment and job opportunities, and will be implemented in three phases over a period of 10 years.


It aims to provide 1 million new job opportunities for Jordanians over the same period.


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