Minister of Industry: Settling Arrears for Industrial Facilities Boosts Production Pace

Minister of Industry: Settling Arrears for Industrial Facilities Boosts Production Pace
Minister of Industry: Settling Arrears for Industrial Facilities Boosts Production Pace
Minister of Industry, Trade, and Supply, Yarub Qudah, emphasized that the Cabinet's decision to approve the disbursement of financial dues to 72 industrial facilities is a testament to the government's commitment to resolving long-standing financial obligations. These payments cover export values from the years 2019, 2020, and 2021.اضافة اعلان

Strategic Objectives
Minister Qudah highlighted that this decision aims to:

Support Sustainability: Ensure the continued operation and stability of the industrial sector.

Enhance Liquidity: Provide an immediate financial boost to help facilities expand their production activities.

Build Trust: Strengthen the relationship between the government and the industrial sector by correcting past financial accumulations.

Economic Vision: Align with the Economic Modernization Vision, which identifies the industrial sector as a primary driver of growth and job creation.

Economic Performance Indicators
The Minister noted positive trends in Jordan's economic performance, specifically regarding national exports:

Growth Rate: National exports rose by 3.0% during the first two months of 2026.

Total Value: Exports reached approximately 1.35 billion JOD, compared to the same period in 2025.

Future Commitments
The government remains focused on measures to stimulate production and exports, including:

Enhancing the competitiveness of national products in regional and international markets.

Facilitating access to financing for industrial facilities.

Addressing operational challenges to help businesses open new markets for Jordanian goods.