By JORDAN STRATEGY FORUM Economic narrative: The population of Jordan, estimated at 10.05 million in 2017, is composed of Jordanians (6.96 million) and non-Jordanians (3.09 million). As commonly known, the Syrian civil war has resulted in a large influx of…
The Jordanian citizen today is preoccupied with the increased price levels of goods and services or the high cost of living, which is scientifically known as inflation and that is the file we’re discussing on today’s episode. Inflation is the…
America’s entrepreneurship ambassador believes startups hold the key to Jordan’s future prosperity. By Dina al-Wakeel Nina Vaca’s tech staffing company Pinnacle has been included on Inc. 5000’s list of fastest growing companies for over a decade now. It was also…
Jordan was ranked a mediocre 65 out of 137 countries in the World Economic Forum’s latest global competitiveness report. When will we admit that our economy isn’t being run effectively? According to the Global Competitiveness Report of the World Economic…
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…
The number of jobs created during the first half of 2016 increased by 50 percent compared to the same period the previous year, according to recent figures by the Department of Statistics. The DoS said 26,000 jobs were created during…
Efforts to get young people into work should come as part of a wider package of macroeconomic policies. By Mary Kawar and Zafiris Tzannatos The conclusion of yet another successful World Economic Forum in the context of this year’s timely…
Last month, World Bank’s Spring 2017 issue of the Jordan Economic Monitor was released in the height of high unemployment and slow economic performance in the Kingdom. The Jordan Economic Monitor, a product of the World Bank’s Global Practice for Macroeconomics…
With proper implementation, digital leapfrogging could add $95 billion to the Middle East’s annual GDP by 2020, according to McKinsey & Company’s regional head. The international consultancy has been researching into how digital leapfrogging has the potential to be a…
Unemployment in Jordan reached 18.2 percent in the first quarter of the year after the Department of Statistics introduced a new methodology for calculating joblessness that now includes migrants and refugees, and any unpaid jobs and trainings. The figure, which…