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King meets with economists, says national workshops should lead to comprehensive economic roadmap

By JT - Feb 07,2022 - Last updated at Feb 06,2022

His Majesty King Abdullah meets with a number of economic figures, via presence, during a meeting attended by HRH Crown Prince Hussein on Sunday (Photo courtesy of Royal Court)

AMMAN — His Majesty King Abdullah on Sunday reiterated that improving the economic outlook, and developing projects and ideas that accelerate growth and create jobs are priorities over the coming period.

During a telepresence meeting with a number of economic figures, attended by HRH Crown Prince Hussein, King Abdullah said the desired outcome of the upcoming national workshops is a comprehensive roadmap for the economy for the coming years, according to a Royal Court statement.

His Majesty noted that the roadmap should outline the way to guarantee sustainable comprehensive development, provide economic opportunities, and improve the quality of services, in parallel with the political and administrative reform tracks.

The King also pointed to the importance of the participation of all segments of society and economic sectors, in order to expand dialogue and participation.

His Majesty called for capitalising on the great potential and advantages that Jordan offers, especially in the fields of mining, energy, renewable energy, information technology, tourism, healthcare, agriculture, and creative industries, stressing the need to build on previous achievements.

For their part, attendees presented a number of ideas and suggestions that can improve Jordan’s economic performance, calling for enacting quick short-term reforms, in parallel with developing a roadmap for the medium and long terms to enhance economic growth and attract national and foreign investments.

Attendees also highlighted promising sectors that could attract investments to enhance Jordan’s competitiveness, including advanced technology and industry, pointing to the opportunities that regional integration could offer.

They commended the decision to reduce electricity costs on productive sectors, urging further steps to support the national economy and exports.

Furthermore, they highlighted the importance of legislative stability in attracting investments, underlining the role of mega projects in accelerating economic growth.

 

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