‘Developing Jordan’s Economic Facilities Initiative’ launched

By JT - Oct 23,2017 - Last updated at Oct 23,2017

AMMAN — The government and the European Union (EU) on Monday launched “Developing Jordan’s Economic Facilities Initiative”, jointly funded by the EU, the Jordan News Agency, Petra, reported.

The project aims at supporting over 160 small and medium facilities, emerging companies and entrepreneurs, in order to stimulate sustainable economic growth and to increase job opportunities for Jordanians.

The report mentioned that the EU is offering 6 million Euros for the project since it is an important component of a wider programme to develop the private sector for supporting the public budget with an amount of 55 million euros. The project will support the implementation of a comprehensive reform campaign within the fields of operation, trade, investment and small businesses.

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