Razzaz: No Additional Taxes in The Current and Next Years

20-May-2019

Prime Minister Omar al-Razzaz during a meeting with the Committee on Economy and Investment parliamentary yesterday - (Petra) A Decrease font size. A Decrease font size. A Reset font size. A Reset font size. A Increase font size. A Increase font size. Jihad Al-Mansi. Amman - Prime Minister Dr. Omar Razzaz that "no additional taxes during the current and next year,"

noting that the government "will work in the next phase on a set of key axes."”. During his meeting with the government's economic team yesterday, Al-Razzaz added that reshaping the titles and functions of some ministries "is part of the development and is carefully studied and imposed by aspirations and ambitions in Jordan."The digital economy has become an integral part of the economic approach. Today's priorities are different from the priorities 30 to 40 years ago. Today Jordan's vision of the digital economy is that Jordan needs the most; The digital economy; our human resources, our energies and our youth's creations are moving in this direction.

He added that there are basic obstacles for emerging companies and this economy. "These obstacles can be removed. A framework for developing this sector can be developed to enable large numbers to be absorbed and services to be exported by Jordan to the countries of the region." , And focus on priorities, the names of ministries change with changing priorities. On the Ministry of Local Administration, the Prime Minister said that the experience of decentralization is still young and flawed. His Majesty King Abdullah II's vision is to take part in the decision-making process and set priorities. In Jordan we have to cope with this shift,

The existence of a Ministry of Local Administration, coordinates between municipalities and between governorates and the central level, noting that this requires reconsideration of a set of laws. Al-Razzaz said that in the past years Jordan has been able to achieve a lot of financial reform, which was recognized by the international community that hosted the London conference, adding that from this international recognition, the government decided that no additional taxes in 2019 and 2020,

And remains the main challenge in the future, which is the solid ground on which the Jordanian economy stands today financial and monetary stability, and how to build on it towards growth ?. He said the relationship with the investor, the donor countries, the IMF and the World Bank would be governed by growth criteria and priorities. It was important that the Ministry of Planning link the negotiations with the donor countries and the International Monetary Fund to talk about growth and employment priorities to achieve economic growth that would result in job opportunities for Jordanians. In the standard of living.

On the cancellation of the Ministry of Investment, Al-Razzaz said that through the history of governments there was no Minister of Investment in the Council of Ministers, but there was an investment body headed by a board; there is a chairman of the Council and participate in all the committees concerned. "We want the Chairman of the Investment Council, Which should be a banner towards the local and foreign investors; attract and follow up and market to Jordan.

The prime minister pointed out that the government is in the process of forming a committee that will cross the state institutions; identify the reality and formulate solutions for the next five years, and abide by them. He noted that the government does not want investment that brings in foreign labour, but local labour. “On the high prices of medicines, he said that the government, when monitoring the differences in prices, formed a committee headed by the Minister of Health to stand on it, and the duty of the government "to break the monopoly until there is a competitive price to benefit the citizen." The chairman of the Committee on Economy and Investment,

MP Khari Abu Sailik, said at the beginning of the meeting that the President of Al-Razzaz responded to the memorandum sent to the Committee on Economy and Investment to reduce the prices of medicine, and decided to form a government committee to study the demand for reducing the price of medicine; expressing his pride in the pharmaceutical industry; Citizens. Following the meeting, the Prime Minister said that the dialogue with the committee dealt with two main issues: the amendment in the names of some ministries such as the Ministry of Digital Economy and Entrepreneurship and the Ministry of Local Administration and the future priorities in the economic aspect in which the government works. Al-Razzaz stressed that the dialogue was constructive and focused on the need to keep abreast of local, regional and international changes and to be proactive in them, including the subject of the digital economy and the leadership that characterizes Jordan in several fields. ,

Stressing the importance of leadership to support our youth.. And on the Ministry of Local Administration; Al-Razzaz pointed out that the experience of decentralization is still in its infancy and there is a multiplicity of references and coordination mechanisms between the municipal and governorate councils, which necessitates reconsidering some names and the contents of these ministries. On the investment and the Investment Authority, he said that the government is in the process of making a qualitative leap in the body of the Authority to attract investors and explain the advantages offered by the Jordanian economy in this area. 









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