JCC lauds government’s steps to ease health restrictions

(Photo: Jordan News)
AMMAN — Representative of the food sector at the Jordan Chamber of Commerce (JCC) Raed Hamadeh stressed the importance of the government’s new decisions aimed to ease restrictions to deal with the COVID-19 pandemic, according to the Jordan News Agency, Petra.اضافة اعلان

The measures, which will take effect early next month, are the “right” steps to revive Jordan’s commercial and service sectors, Hamadeh said, adding that they will contribute to increasing tourist and commercial activity.

Jordan’s economy is “interconnected”, and increased activity in one sector will “positively” affect other elements of the national economy, he said.

Noting the need to support local investors and develop their businesses as the basis for economic growth, he highlighted the role of public-private cooperation and coordination to facilitate investment transactions and intensify promotion of Jordan as an “attractive” investment destination.

Hamadeh also noted economic sectors “urgently” need to pump more cash to finance the private sector’s needs by launching programs similar to the steps taken by the Central Bank of Jordan to support economic sectors on “concessional” terms.

Jordan’s trade and service sector is a pillar of the national economy and a driver of economic growth, Hamadeh said. More than 118,000 establishments operate under the sector’s umbrella and employ some 525,000 workers, he said, noting that the sector contributes 59.5 percent of the Kingdom’s GDP. 

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