Tag: World Bank

refugee crisis

Economic Reform: Are We on the Right Track?

As the government has learned from its deal with the IMF, ill-conceived economic reforms can often do more harm than good. By Khalid Wazani Economic reform is a process that should be evolutionary not revolutionary, gradual not instantaneous, comprehensive not…

refugee crisis

Wasted Youth

Jordan’s economy might be improving, but youth unemployment remains a pressing challenge. By Khalid W. Wazani Every six months, the World Bank publishes the Jordan Economic Monitor. The wide-ranging report provides a snapshot of how the Kingdom’s economy is performing…

Autumn Launch for First Wind Farm

Jordan’s first utility-scale wind project is set to begin operating in September, said the head of the company behind the pioneering project which aims to help diversify Jordan’s energy basket away from its overwhelming reliance on expensive fossil fuels. Jordan…

A Crisis Costing Billions

The Syrian civil war, coupled with the spread of ISIS, has so far cost countries in the region over $33 billion, according to a World Bank report. The policy research working paper quantifies the direct and indirect economic impact of…

Donors Happy with Municipality Aid Package

International contributors to a $53 million aid program designed to maintain public services in communities hosting Syrian refugees around the Kingdom say they’re pleased with its results a year since its launch. “We’re very happy that the project is actually…

How France Helps

The French Development Agency is playing a central role in tackling some of the biggest challenges facing Jordan. By Elisa Oddone Financing projects in Jordan worth a total of JD540 million, the state-backed French Development Agency (AFD) has been active…