AMMAN — Chairman of the
Jordan Chamber of Commerce (JCC) Nael Kabariti called for a plan to address current world events;
including developments in Ukraine, according to Jo24.
اضافة اعلان
Kabariti said that around 90 percent of Jordan’s
cereal imports come from
Russia and Ukraine, which is bound to affect the
market.
He also said that a rise in interest rates by the US
Central Bank (the Federal Reserve) due to spiking inflation will lead to a
similar rise in Jordan since the Jordanian dinar is pegged to the dollar.
China announced that around 25 percent of its
factories are on the verge of shutting down due the repercussions of the
COVID-19 pandemic, which will also impact Jordan’s economic market, Kabariti
said.
Kabariti stressed
the importance of having in place a comprehensive economic vision to overcome
the crises, stating that His Majesty
King Abdullah has set a roadmap to be
implemented after realizing that previous governments were not serious about
implementing the plans that they had announced.
Kabariti called for monitoring world events and developments
to draw out plans that safeguard the economy, indicating that oil prices have
started to fluctuate due to these events, which means the whole world will also
be impacted by any development.
Read more National news
.jpg)
.jpg)
