The Jordanian government is working with the World Bank and donor bodies to devise a five-year reform matrix on growth and job creation, the Jordan Times reported Sunday (April 29th).
In a Sunday statement, Planning and International Co-operation Minister Imad Fakhoury said the matrix will help the government implement its reform agenda in line with the Economic Growth Plan (EGP) 2018-2022.
The matrix will include reforms aimed at enhancing Jordan's macro-economic stability, reduce business costs, increase competitiveness through drafting suitable legislations and create a flexible labour market absorbing more workers, the statement said.
It also seeks to improve and promote the national exports of goods and services, facilitate access to finance from local funding institutions, expand the social security network and conduct reforms in transport, energy and water, according to the minister.
The matrix and the financial programme will be part of Jordan's priorities to be discussed at the International Conference on Jordan, set to take place in London before the end of 2018, the statement said.
The conference will review progress made on economic and structural reforms and provide an assessment of the EGP as well as the capital projects aimed at improving the national infrastructure and public services implemented through public-private sectors partnerships.
