AMMAN — The
Senate Finance and Economy Committee and a number of pundits on Tuesday
discussed the repercussions of the Ukrainian crisis on the national economy,
according to the Jordan News Agency, Petra.
اضافة اعلان
The Russian-Ukrainian crisis is a global
predicament, said Senator Jamal Sarayrah, head of the committee, and Jordan,
like other countries around the world, cannot escape its effects. He
underscored the importance of drawing up a policy paper that details the impact
of the war on the Jordanian economy, as well as recommendations and solutions
to avoid any negative ramifications.
He called for tracking the supply chain of
basic materials and foodstuffs to the Kingdom, stressing that it must continu
uninterruptede and be supported by the needed shipping lines.
The fallout of the crisis will be higher
inflation, production, and energy rates, he noted, calling for a review of the
2022 budget to factor in the repercussions of this crisis on several vital
sectors, including tourism, agriculture, trade, and transportation.
During the meeting, participants called for
addressing the banking authorities to facilitate lending for basic commodities
at reduced interest rates to enable the private sector to import goods and raw
materials, whose prices have gone up globally. They also urged the government
to enforce a realistic pricing policy that ensures the availability of goods at
reasonable prices.
They underlined the importance of following
up on the rehabilitation of agricultural land and supporting investors to
cultivate basic produce and fodder, which directly affects the prices of red
and white meat.
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