Jordan has completed 326 out of 403 structural and legislative reforms it committed to under the London Initiative since 2018, achieving a completion rate of 81%, according to the Ministry of Planning and International Cooperation.
اضافة اعلان
Data from the Economic Reform Implementation Support Unit show that the government continues to implement these reforms, despite the original deadline being the end of 2024, which was previously extended from 2022. The updated reform matrix aligns with the Economic Modernization Vision, covering multiple sectors and key initiatives through 30 programs.
The updated matrix now consists of 12 pillars, up from 9 in the original version, covering 44 reform areas compared with 37 previously, and includes 403 reform measures instead of 254.
The economic reform matrix was developed by the Jordanian government with support from the World Bank and development partners. Implementation began in 2018 after the matrix was officially launched during the London Initiative Conference “Jordan: Growth and Opportunities” in February 2019.
The reforms aim to maintain macroeconomic stability, improve the business environment, and increase investments and exports. The matrix serves as a guiding document for government plans and programs as well as for donors and development partners.
The updated 2018–2024 matrix, approved by the Cabinet in October 2022, expanded to 12 pillars, adding areas such as public sector efficiency and governance and tourism, with water and agriculture separated into two distinct pillars.
Sectoral Progress:
Agriculture: 91% completion (5 reform areas, 23 measures)
Water: 91% completion (2 areas, 23 measures)
Public Finance: 90% (3 areas, 21 measures)
Public Sector Efficiency (new pillar): 87% (6 areas, 46 measures)
Business Environment: 86% (3 areas, 29 measures)
Labor Market and Skills Development: 86% (4 areas, 44 measures)
Investment Promotion and Exports: 78% (6 areas, 65 measures)
Social Protection: 82% (1 area, 28 measures)
Transport: 71% (4 areas, 28 measures)
Tourism (new): 59% (3 areas, 22 measures)
Energy: 81% (4 areas, 36 measures)
Access to Finance and Capital Markets: 63% (3 areas, 28 measures)
These figures reflect Jordan’s continued commitment to structural and legislative reforms as part of its long-term development and modernization strategy.
— (Al-Mamlaka)