Tag: GDP

Jordan Moves to Kick-Start Growth and Pare Back Debt

Jordan Moves to Kick-Start Growth and Pare Back Debt

The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…

tax

A Taxing Question

Jordan’s punitive and convoluted tax system is harming its economic prospects. By Laith Qassem A recent study by To-Excel Consulting found the active number of taxpayers in Jordan declined from 292,744 in 2009 to 208,271 in 2012. The mix of…

Renewable Energy

Green Investment Growth

Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…

US President Donald Trump

Trump’s Grand Plan

President Trump has started to put his campaign promises into action. What should we expect? By Venture Staff Among the chaos of the new Trump administration lies the most important economic policies that have yet to be implemented. Prior to…

Mohammad Ali Shahin, CEO of Joswe

Local Pharma: A Model Industry

Mohammad Ali Shahin wears many hats. He is the Chairman of the Jordanian Association of Pharmaceutical Manufacturers and Medical Appliances (JAPM), and is also the CEO of Jordan Sweden Medical and Sterilization Co. (Joswe) and the chairman of three manufacturers…

Dr. Meteb Wrekat, the director of the Ministry of Health’s Medical Tourism Directorate

A Shot in the Arm: Keeping Medical Tourism Competitive

Jordan remains an important medical tourism market, a reputation that can be maintained if the government tackled the big issues facing the sector. With no less than 65 private hospitals, many boasting cutting edge facilities and first-rate physicians, Jordan has…

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…

investment

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…

Great Wall of China

Getting China Back on Track

Significant restructuring and rebalancing of China’s underperforming economy is needed before the country sneezes and we all catch a cold. China’s economy, long a reliable source of growth, has been experiencing a wave of economic difficulties that has created uncertainty…