The government's insistence to extend support and funding for the vague economic stimulation plan is marred by untenable disengagement with prevailing fundamentals and core national priorities.In fact, the goal of stimulating the economy contradicts itself with the dominant natio

According to official statistics, commercial banks place around JD2.5 billion of remunerated deposits at the Central Bank of Jordan (CBJ).The weighted average interest rate paid by the CBJ on these funds stands currently at around 3 per cent, which is equivalent to about JD75 mil

If the recent surge in oil prices persists it will subject the National Electricity Power Company (NEPCO) to new financial losses unless the government adjusts electricity tariffs upwards, to reflect higher production costs.According to the Ministry of Finance figures, NEPCO purc

According to the latest World Bank’s Ease of Doing Business Report, Jordan’s business environment gained 15 ranks globally over the last year, from 118th to 103rd, out of 190 countries.Prominent public opinion leaders commended this noticeable progress and praised the considerabl

According to the budget law for the year 2017, the government pledged to undertake two major fiscal reforms.

According to Prime Minister Hani Mulki, the government is seriously considering a proposal to develop a new capital city in partnership with the private sector.In order to demonstrate the government’s determination to proceed with the initiative, the premier pointed out that the

Resilient US shale oil production and accelerating shifts in transportation technologies support dominant arguments that low oil prices will persist for much longer than expected, if not forever.According to the same arguments, US shale oil producers will continue to impose an up

King Abdullah’s directives to combat tax evasion were welcomed by Jordanians, not only because it would shelter households from new tax burdens, but also because it boldly addressed a longstanding source of inequality and discontent.Salaried employees and compliant tax payers hav

The official message conveyed to Jordanians is that outstanding economic deterioration is a transitory phase directly linked to temporary developments and regional instability.While such argument reflects part of the reality, it must be acknowledged that Jordan is experiencing a