24-Mar-2019
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An informed source confirmed that the
government's economic team is currently working on an "economic stimulus
plan" covering all economic, industrial, commercial, service and
investment sectors to boost economic growth and employment.
The source, who preferred not to refer to the "opinion", that the
group meets periodically and the last meetings yesterday, to put all the
scenarios that the government can do to increase economic activity in the
Kingdom, explaining that the plan in its final framework will be announced
soon.
The source added that the plan includes measures aimed at preserving the
deficit in the trade balance and activating some vital sectors that contribute
to the full movement of the markets and help in employment and employment, in
addition to announcing a package of measures, some of which will be taken
during this year and next year within a specific timetable. With the plan of
economic reform and control of waste and public budget.
The source said that one of the most important objectives of the plan is to
develop a comprehensive vision for the current and future stage, including
laying the foundations for partnership with the private sector in major
projects that the government intends to implement and with the approval of
international bodies and donors in addition to reducing energy costs on
productive sectors and enhancing their competitiveness.
The source pointed out that the ministries of finance, planning, industry,
trade, investment and energy are working in a coordinated manner to ensure a
feasible implementation plan that serves the economic conditions and
contributes to the addition of the treasury by activating the trade movement
and increasing its turnover after it has slowed down, likely to make amendments
to some legislation to keep pace with the economic stimulus plan Expected to be
announced for the next two years.
The source added that the conditions of the region and the events of the
neighborhood and the closure of the common border, and the reception of Syrian
refugees added burdens on the treasury and contributed to the disruption of
development plans in the Kingdom, and that the past months of ongoing meetings,
including the London conference and other Arab meetings in addition to the
World Economic Forum will be a real opportunity for the government To develop
their perceptions and economic plan for the future, especially in the light of
the international support witnessed by Jordan.
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