Category: Economy

Jordan Boosts Healthcare to Meet Demand

Progress on two new medical facilities, located in Irbid and Amman, could add much-needed capacity to Jordan’s health sector as it copes with rising demand for healthcare services. At the start of the year, the government began the pre-qualification process…

investment

Perhaps the Sky isn’t Falling

A rational evaluation of the state of the global economy is needed to counter the effect of the doom and gloom merchants causing jitters in markets. By Khalid W. Wazani Although in economic theory, prices are the main determinant of…

Domestic workers

Restoring Our Humanity

A disturbing report by local NGO Tamkeen, which seeks to improve social protection for marginalized groups and victims of human rights violations, revealed that many migrant domestic workers in Jordan are having their rights violated. Despite some important legislative reforms…

economy

Upbeat Outlook for Jordan’s Economy

The Kingdom’s economy performed well last year despite regional unrest, and its upward trajectory looks set to continue in 2016. Steady reform and targeted growth bolstered investor confidence in Jordan’s economy in 2015, as weaker oil prices helped support a…

investment

Spotting Opportunities

Everyone agrees the coming year will be a tough one for the region’s economies. But some countries will fare much better than others because their decision makers were bold enough to seek out new opportunities and act upon them. By…

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

investment

Budget 2016: The Numbers Don’t Add Up

The forecasts contained within the government’s recently-unveiled 2016 budget bill fail to convince. By Khalid W. Wazani The government has yet again built a budget based on unrealistic assumptions. In 2016, the government expects a real growth rate of 3.7…

Get on the Bus

Renewed work on a Bus Rapid Transit (BRT) system marks a positive development for Jordan, promising improved connectivity in and around the capital city. Jordan’s burgeoning and rapidly urbanizing population, estimated at nearly 7 million and expected to reach 8.5…

investment

Budget Expectations

Whatever the government unveils in next year’s budget, policy makers should produce an economic blueprint that balances realism with ambition. By Khalid W. Wazani The government is due to unveil the details of its 2016 budget next month. The experience…

investment

The Refugee Crisis: Don’t Forget Jordan

Europe’s refugee crisis shouldn’t blind the international community to the heavy economic toll the Syrian conflict is having on Jordan. By Khalid W. Wazani Two years ago, the Ministry of Planning and International Cooperation joined forces with the United Nations…