Economic council discusses projected investment fund

AMMAN — The Economic and Social Council on Tuesday held a dialogue session to discuss the projected Jordan investment fund.

Former finance minister Mohammad Abu Hammour said the fund is aimed at attracting investments from banks, Arab sovereign funds, private sector institutions and individuals to contribute to national development projects in Jordan, according to a council statement.

He also expected that implementing Jordan Vision 2025 will require more than JD20 billion in investments to create more jobs. Council President Munther Sharé said the fund has to enjoy transparency, and its work has to be subject to internal and external international accountability standards.

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