Social Security Corporation revenues to reach JD1b in 2014

AMMAN — Social Security Corporation (SSC) revenues are expected to exceed JD1 billion this year under the new law, according to SSC Director Nadia Rawabdeh.

At a Lower House Finance Committee meeting, she noted that SSC revenues stood at JD980 million last year.

Meanwhile, Social Security Investment Unit Chairman Suleiman Hafez said the corporation’s investments amounted to JD5.932 billion in 2013, expecting them to reach JD6 billion this year.

 Also during Sunday’s panel meeting, Aqaba Special Economic Zone Authority (ASEZA) Chief Commissioner Kamel Mahadin said the Aqaba Development Corporation has not funded capital projects for the last four years, noting that the number of companies registered in Aqaba reached 320 with a capital of JD2 billion.