Blog: economy

2018 Budget to Allocate Shares of Governorates Under Decentralization Policy

AMMAN — Prime Minster Hani Mulki on Tuesday said that he directed budget authorities to immediately start preparation of the public budget 2018, to take into account the budgets of governorate...

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Jordan’s Stability ‘Major Attraction’ For Chinese Investments — Ambassador

AMMAN — Jordan has a “large” potential to become a hub for starting or relocating Chinese factories, particularly those eyeing branching out to European, US and Arab Gulf markets, Chinese...

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Crown Prince Hussein Technical University Hosts Workshop On Entrepreneurship & Lean Start-Up

Amman-- Al Hussein Technical University (HTU) in partnership with SPARK Organization is holding a TOT workshop on Entrepreneurship and Lean Start-up at the university’s campus at the King Hussein...

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Jordan, French Development Agency Sign 10M Euro Grant Agreement

AMMAN — Jordan has signed a 10-million-euro grant agreement with the French Development Agency (AFD), the Jordan News Agency, Petra, reported on Monday. 

Water and Irrigation Minister Hazem...

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Planning Ministry, UNICEF Sign JD 186,690 Grant Agreement To Support Education

AMMAN — Minister of Planning and International Cooperation Imad Fakhoury on Thursday signed a protocol agreement with UNICEF to provide a grant of JD186,690 to support the Ministry of Education....

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Economic Correction Measures Have Paid Off — Prime Minister

AMMAN — Prime Minister Hani Mulki on Sunday said that the government›s measures have not only stopped the economic recession, but also improved economic performance, the Jordan News Agency, Petra...

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IMF Completes First Jordan Review, Praises Performance

AMMAN — The Jordanian economy has performed favourably under a difficult external environment, as macroeconomic stability and external viability have been maintained, thanks to a prudent monetary...

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World Bank Extends $52.8M To Support Health Services

AMMAN — Jordan and the World Bank have signed two agreements worth $52.8 million as a soft loan and a grant.

The agreements aim to support the public budget and finance a project to provide...

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EU Assistance Exceeded 1.3B Euro Since 2015 — Report

AMMAN — The EU’s assistance to Jordan has exceeded 1.3 billion euro over the past two years, according to a recent report. 

The assistance included grants worth 200 million euro under the...

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World Bank Highlights Jordan’s ‘Green Growth’ Approach

AMMAN — Jordan has embarked on a package of measures to encourage "green growth in the environment" aimed at benefiting from local energies and reducing dependence on costly imports, a World Bank...

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