New reforms and amendments: Cabinet revamps tourism law for growth

(File photo: Jordan News)
AMMAN — On Sunday, the Cabinet gave the green light to an amended draft law for the Tourism Law 2024. This amendment aims to boost the tourism sector's competitiveness and foster a more conducive business environment to attract increased investments. اضافة اعلان

It achieves this by replacing the licensing requirement from the Ministry of Tourism and Antiquities (MoTA) with an approval mechanism issued by the ministry in compliance with legal provisions, Al-Mamlaka TV reported.

Moreover, the amended law grants the MoTA the authority to oversee designated tourist routes, establish comprehensive standards for integrated tourist pathways, and ensure their upkeep and sustainability. Additionally, the initiative seeks to bolster tourism, fortify the tourism security apparatus, offer technical expertise, qualifications, training, and financing for innovative projects within the tourism sector, and extend support to local communities, women, and youth through establishing a Tourism Development and Protection Fund.

In tandem with these measures, the Cabinet also ratified amendments to the Financial Services Licensing and Registration system for 2024. These amendments empower the Jordan Securities Commission (JSC) to execute an electronic linkage project between the Jordanian and foreign financial markets. Furthermore, they authorize the Council to approve foreign licensees for trading in foreign markets and foreign traders to engage in the Jordanian financial market, contingent upon reciprocity.

Turning attention to other matters, the Cabinet endorsed the National Strategic Counter-Drug Plan (2024-2026). This strategic plan endeavors to heighten public consciousness about drug abuse, facilitate the rehabilitation and reintegration of drug users into society, mitigate drug-related harm, augment volunteer participation in drug prevention endeavors, and elevate the caliber of scientific research in this domain.

Additionally, the Cabinet approved amendments to expenses, allocations, and exemptions for 2024. These amendments are geared toward streamlining decision-making processes and requisite procedures for economic sectors while ensuring that government facilitations can be implemented under special circumstances.

Read more National news
Jordan News