Jordan To Launch Second Package Plan To Stimulate Economy

Jordan To Launch Second Package Plan To Stimulate Economy

AMMAN, Nov 18 (NNN-PETRA) – Jordan will launch on Monday (today), the second package plan, to stimulate the economy, it was reported, Sunday.

The new package will include incentives in several vital sectors, to complete the first package, to boost economy and investment, alongside a set of managerial and financial reforms.

The package will also order the integration and cancellation of independent entities, as part of Jordan’s efforts to enhance economic reform, ensure efficient budgeting and cut administrative red tape.

Jordan’s economy grew by 1.8 percent in the second quarter of 2019, which is slightly lower than a forecast, by the International Monetary Fund (IMF), which expected the figure to be 2.3 percent.– NNN-PETRA

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