Debts owed to SSC may have reached over JD800 million

(File photo: Jordan News)
AMMAN — Some institutions registered with the Social Security Corporation (SSC) owe it more than JD10 million, having failed to pay their dues on time, which led to their accumulation, according to Jo24. اضافة اعلان

The repercussions of the COVID-19 pandemic on the economic sector only exacerbated the problem, leading to an increase in these debts.

SSC dealt with the problem by signing agreements with thousands of institutions, under the defense orders, whereby these institutions would pay their debts in long-term installments (maximum 180), that could reach, in some cases, 15 years.

This is a risky step since some institutions may close down before honoring their debts.

Three years ago, the debts owed to the SSC reached more than JD400 million, or 22 percent of the annual insurance revenues at the time, while nowadays the debs may have increased to more than JD800 million, and this will pose a real challenge to the SSC while collecting the debts. AMMAN — The representative of the communications and information technology sector in the Jordan Chamber of Commerce, Haitham Al-Rawajbeh, said digital transformation is a key pillar to improving the business environment and attracting foreign investments, according to the Jordan News Agency, Petra.

In a statement on Saturday, he said that business owners and investors send their investments to countries with ready and developed infrastructure in the field of digital transformation and service automation, and called for establishing a specialized body for this purpose, in partnership between the public and private sectors.

The region’s countries today witness rapid changes in this field, and this requires work to keep pace with developments; in the case of Jordan, that can be done by accelerating the pace of digital transformation, building related capabilities and stimulating creativity and e-trade, according to Rawajbeh.

Digital transformation helps develop economic plans based on “true” data, he noted, pointing to the government services provided through the Sanad application, which have “significantly” doubled during the recent period.

Noting the need to focus on research and manpower training on new technologies in this regard, he said this process will also contribute to enhancing Jordanian government revenues and improving services provided to citizens.

Rawajbeh also said that Jordan’s Economic Modernization Vision stressed the need to accelerate the pace of public sector digital transformation by launching partnerships with private institutions, which have “remarkable” expertise in this regard.

At regional level, he said, many Jordanian companies have implemented digital transformation projects in Arab countries.

Global companies, at the same time, expressed interest in opening regional offices in the Kingdom to serve the region’s countries and benefit from Jordan’s expertise and competencies working in the ICT sector, he noted.

Jordan’s ICT sector has “remarkable” opportunities for growth and expansion, with a solid and advanced digital infrastructure, qualified human resources capable of competing globally, and a set of laws and legislations that include many incentives, he said.

Jordanian companies operating in the ICT sector have made multiple achievements, have substantially grown and developed, and now support many regional countries by providing digital transformation solutions for their various commercial and services sectors, he pointed out.

Locally, the introduction of 5G services into Jordan is a step in the right direction, he said, adding that it would enhance the Kingdom’s competitiveness and accelerate the technical development of the ICT sector, in addition to supporting the investment environment, in line with the Economic Modernization Vision. 

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