Tag: Government

Loan guarantee

The Jordan Loan Guarantee Corporation: Loaning to the Little Guy

SMEs in Jordan have long been held back by a lack of access to finance. The Jordan Loan Guarantee Corporation is working to change this. By: Dina Al-Wakeel A public shareholding company that was created in 1994, the Jordan Loan…

fake news

Is a New Social Contract Really Needed?

Jordan’s prime minister has interpreted this summer’s protests as broad-based desire for a new social contract. This is a mistake. By Osama Al Sharif More than two months have passed since thousands of protestors took to the streets to demand…

fees

UAE Cuts Tourism Fees to Encourage Growth

Recent moves by the Abu Dhabi and UAE governments to waive or reduce hotel and visa fees are expected to bolster the country’s important tourism sector and pave the way for more investments. In June the Abu Dhabi Executive Committee…

refugee crisis

Omar Razzaz, Agility is the Answer

To successfully overcome the challenges ahead, Omar Razzaz and his new government will need to move quickly and transparently. A new government headed by Omar Razzaz was established recently. The administration’s main motto is agility. This means it will focus…

relief

Relief and Development: Ending the Zero-Sum Myth

Is it possible to economically empower both Jordanians and Syrian refugees? Two leading relief agencies believe so. By Brian E. Frydenborg Sadly, as 2018 opened, the world looked on yet another consecutive year of record displacement, with a staggering 68.5…

fake news

Towards a New Social Contract

The peaceful protests that swept the nation for a few heady days in mid-summer have sparked a real desire to change the Jordanian societal Contract. The most important observation to be made about the recent spontaneous eruption of anti-austerity protests…

school

A New Chance for Change

Improving transport services was a central component in the new government’s letter of designation and policy statement. Could this provide the sector with much-needed new momentum? Ever since he took office following the recent anti-austerity protests, Prime Minister Omar Razzaz…

protests

Where Do We Go From Here?

Following a wave of protests over IMF-driven austerity measures, the need to find a path out of Jordan’s economic morass has taken on a new urgency. By Dina Al Wakeel Photography by Ala’a Al Sukhni  A western diplomat perfectly summed…

capital spending

Exports and Capital Spending Key to Growth – Report

Jordan needs to focus on boosting exports and capital spending if it wants to achieve strong and sustainable growth, according to a new report by the Jordan Strategy Forum (JSF) think tank. The report analyzed the relationships between capital spending…

forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…