Tag: Economy

How to Really Aid Our Development

Rather than asking for more aid to keep a lid on the government’s self-inflicted budget deficit, we should be encouraging foreign governments to invest in economically viable infrastructure projects. Jordan has always been a well-deserved recipient of foreign aid. Having…

IMF

Growth Against the Odds

Despite having to contend with regional turmoil and significant domestic challenges, the IMF’s Mission Chief for Jordan believes the Kingdom’s economy will keep expanding in 2017. By Dina al-Wakeel  It’s been a trying few years for Jordan’s economy. From raging…

Deutschen Bank

Deutsche in Danger?

Deutsche Bank has been slapped with a $14 billion fine over a charge it mis-sold US mortgage securities. The case has raised worrying questions about the stability of the global financial giant. By Venture staff Deutsche Bank is one of…

Laith Al Qasem

Working as One

If they really want to achieve sustainable economic growth, Jordan’s public and private sectors need to start seeing each other as allies rather than adversaries. By Laith Al Qasem Public–Private Dialogue (PPD) is an increasingly valuable tool that enables public…

Trust in Trumponomics

Ignore the naysayers—Donald Trump’s economic plans will be good for the United States, Jordan, and the rest of the world. Say what you like about the man himself, but Donald Trump is moving into the White House with some progressive…

The US State Department's Special Representative for Commercial and Business Affairs Ziad Haider

Bringing Business to Jordan

A senior US trade official says American companies can play a crucial role in the Kingdom’s economic development. By Dina al Wakeel Last month, The US State Department’s Special Representative for Commercial and Business Affairs, Ziad Haider, headed a major…

Jordanians Coming back from the Gulf

Readying for an Expat Exodus

Many thousands of Jordanian expats working in the Gulf face an uncertain future as low oil prices begin forcing GCC governments to cut spending. Just how prepared is Jordan for their potential return? By Mothanna Gharaibeh Following the energy sector…

Minister of Finance Omar Malhas on Jordan's Economy in 2017

The Economy in 2017

Jordan’s Finance Minister, Omar Malhas, says the country will have to make some tough economic choices in 2017. By Dina Al Wakeel Jordan’s public debt now stands at almost 95 percent of GDP, and unemployment is running at around 16…

Towards a Steady but Unspectacular 2017

While it’s unrealistic to expect fireworks from Jordan’s economy in 2017, boosting capital investment and launching more PPP projects should help achieve respectable levels of growth. After almost six years of stagnation, the global economic outlook for 2017 still looks…