Blog: Economy

Foreign Reserves Reach $13billion End Of July

 AMMAN -- The Central Bank of Jordan's (CBJ) foreign reserves stood at $12.982 billion at the end of July this year sufficient to cover the Kingdom's imports of commodities and services for 7.3...

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UNDP-National Microfinance Bank Partnership Reaches Vulnerable Host Communities

Amman, Sept.27 (Petra) --The United Nations Programme (UNDP) in Jordan, in partnership with the National Microfinance Bank and in cooperation with Umniah, started implementing a new electronic...

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2nd Gulf-Jordanian Economic Forum Begins In Amman

AMMAN — Deputising for His Majesty King Abdullah, Minister of State for Investment Affairs Muhannad Shehadeh on Thursday inaugurated the 2nd Gulf-Jordanian Economic Forum in Amman.

The...

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World Bank, Greater Amman Municipality Launch Expenditure Assessment Programme

AMMAN — The World Bank, in cooperation with the Greater Amman Municipality (GAM) , on Wednesday launched the Public Expenditure and Financial Accountability (PEFA) assessment programme, in the...

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PM Discusses Economic Reform With Industrial Sector Representatives

AMMAN — Prime Minister Hani Mulki on Tuesday met with Tan Sri Yeoh Tiong, executive chairman of YTL Corporation Berhad, the Jordan News Agency, Petra, reported.

The group is a member of the...

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PM Inaugurates JD7m Water Projects In Badia

AMMAN — Prime Minister Hani Mulki on Monday inaugurated several water projects in the badia expected to serve more than 45,000 citizens at a cost of JD7 million, the Jordan News Agency, Petra,...

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Fakhoury, Donors Assess Progress In Jordan Compact Ahead Of New York Meeting

AMMAN — Planning and International Cooperation Minister Imad Fakhoury on Wednesday chaired a meeting with representatives of donor countries and organisations.

 

During the meeting,...

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Renewable Energy Production ‘To Be Increased Five-Fold By 2020’

AMMAN — Jordan currently produces around 500 megawatts of electricity from solar and wind energy projects, and the volume is expected to increase by around five times by 2020, according to Abdel...

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Gov’t Programmes Aims To Create 71,000 Jobs In 5 Years

AMMAN — Around 71,000 jobs are expected to be generated between 2017 and 2021 under two government-funded programmes, Labour Minister Ali Ghezawi said on Wednesday.

 

Ghezawi made...

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Int’l Donors Offer JD54m To Support Education For Syrian Refugee Children

AMMAN — Canada, the EU’s Regional Trust Fund in Response to the Syrian Crisis, the “Madad” Fund, Germany, Norway, the UK and the US announced Monday that they will continue to support Jordan’s “...

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