Playing the Long Game
If we want our economy to prosper, we need to start planning for the long-term.
Tag: Ministry of Planning
Central Bank Announces Development Funds to Kick-Start Economy
The Central Bank of Jordan plans to set up a series of multi-million dinar development funds designed to stimulate the economy. “The Central Bank has worked on a number of finance initiatives through funds to help out startups, small businesses,”…
New Trade Deal to Boost Exports to EU
Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…
Jordan Secures $3 Billion ITFC Import Loan
Jordan has signed up to a five-year, $3 billion loan package with the International Islamic Trade Finance Corporation (ITFC) to finance the import of energy and food staples. Minister of Planning and International Cooperation Imad Fakhoury said the country’s private…
A Necessary Loan
As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…
Syrian Crisis: Finding the Funds
The United Nations recently issued its biggest ever humanitarian appeal for Syria. But with signs of donor fatigue setting in, what chance is there for the UN to find the billions of dollars needed to help the many displaced Syrians…