Jordanian Prime Minister Dr. Omar Al Razzaz, during his visit to the Ministry of Planning and international Cooperation in the first week of July, claimed that the financial support “represented in the direct loans and financial aid my country is…
Given Jordan has a well-educated labor force, why is its GDP so low, why does it struggle to add economic value, and why does it have a chronic trade deficit? By Laith al Qassem Typically, the higher the level of…
The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…
Jordan’s punitive and convoluted tax system is harming its economic prospects. By Laith Qassem A recent study by To-Excel Consulting found the active number of taxpayers in Jordan declined from 292,744 in 2009 to 208,271 in 2012. The mix of…
Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…
President Trump has started to put his campaign promises into action. What should we expect? By Venture Staff Among the chaos of the new Trump administration lies the most important economic policies that have yet to be implemented. Prior to…
Mohammad Ali Shahin wears many hats. He is the Chairman of the Jordanian Association of Pharmaceutical Manufacturers and Medical Appliances (JAPM), and is also the CEO of Jordan Sweden Medical and Sterilization Co. (Joswe) and the chairman of three manufacturers…
Jordan remains an important medical tourism market, a reputation that can be maintained if the government tackled the big issues facing the sector. With no less than 65 private hospitals, many boasting cutting edge facilities and first-rate physicians, Jordan has…
A newly launched roadmap for the development of Jordan’s ICT sector aims to attract capital inflows on the back of recent government moves to reduce the tax burden on companies operating in the industry. At last year’s MENA ICT Forum…
Many thousands of Jordanian expats working in the Gulf face an uncertain future as low oil prices begin forcing GCC governments to cut spending. Just how prepared is Jordan for their potential return? By Mothanna Gharaibeh Following the energy sector…