G-7 envoys vow continued support for Jordan

Jordanian Prime Minister Omar Razzaz on Sunday (October 21st) met G-7 ambassadors and representatives of international donor organisations to review Jordan's economic reform efforts, the Jordanian news agency, Petra, reported.

The G-7 comprises Canada, France, Germany, Italy, Japan, the UK and the US.

During the meeting, attended by Minister of Finance Ezzeddine Kanakrieh and Minister of Planning and International Co-operation Mary Kawar, Razzaz outlined the economic challenges that Jordan has faced over the past years.

External crises have cost Jordan around $17 billion, including the global financial crisis, decline of investments, border closure and the halt to Egyptian gas supplies, he said.

He underlined measures the government has taken to address the budget deficit and the increasing public debt, pointing out that such measures aim to put Jordan on the right economic track.

The government’s priorities for 2019 and 2020 have been set in line with King Abdullah’s speech at the opening of parliament last week, and are based on three main pivots: the rule of law, a productive state and the improvement of services provided to citizens.

The G-7 ambassadors and representatives of donor organisations stressed their commitment to supporting Jordan to face economic challenges and enhance its economy, expressing confidence in the kingdom's ability to face the challenges.

They affirmed their support for the reform process in all fields, pointing out their preparedness to assist in the area of youth vocational and technical training.

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