AMMAN — The
Economic Modernization Vision (EMV) was the
most prominent economic event in 2022, as it has outlined the course of the
national economy in the next 10 years, the Jordan News Agency, Petra, reported
on Sunday.
اضافة اعلان
The cross-sector vision, launched under Royal directives,
aims to address and solve the biggest challenge facing the national economy,
job creation. In the second quarter of this year, the unemployment rate in the
Kingdom stood at 22.6 percent.
EMV aims to increase jobs from 1.6 million to 2.6 million in the next decade.
The vision stems from the findings of the national economic
workshop held at the Royal Hashemite Court and is based on accelerated growth
and improving the quality of life through a sustainable approach. It covers
eight economic growth drivers, focusing on 35 main and sub-sectors and
including more than 366 initiatives and 10 KPIs.
Four entities will be responsible for
implementation within
a sequential and phased time frame at the cost of JD41 billion.
His Majesty King Abdullah, in a letter to the Jordanian
people on his 60th birthday, underlined his keenness to support economic
reforms, saying: " I can see our future clearly — a bright future where we
fortify our security and stability, and move ahead on the path of development
towards further excellence, achievements, and innovation; a future where we
reclaim our leadership in education, advance our economy, and bolster our
public sector’s efficiency and capacity; a future in which our private sector thrives,
with opportunities increasing fairly to counter poverty and unemployment, and
curtail inequality; a future that
empowers our youths to soar in the skies of
innovation.”
The private sector, which actively participated in
developing the Economic Modernization Vision, hopes that its participation in
implementing the vision will be impactful.
Chairman of the Jordan and Amman chambers of industry, Fathi
Al-Jaghbir, said, “The vision reflects the private sector's perspective on the
most significant challenges and obstacles to the development of various
economic activities.”
He added, “The responsibility for success lies mainly with
the government, and it must seek to provide all avenues and remove obstacles to
all sectors”.
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