PM announces record economic growth surpassing previous years

Jordan

Published: 2023-08-26 18:34

Last Updated: 2024-04-16 21:59


PM announces record economic growth surpassing previous years
PM announces record economic growth surpassing previous years

Prime Minister Bisher Al-Khasawneh highlighted a remarkable economic growth of 2.8 percent in the previous year, surpassing most years except 2014.

This was said during a forum entitled "A Year on Modernization" held at the Dead Sea attended by His Majesty King Abdullah II.

Also Read: King attends 'A Year of Modernization' forum

The PM also revealed aspirations to achieve a three percent growth, along with an increase in per capita GDP as outlined in the administrative program.

He unveiled the upcoming phase of modernization initiatives, slated until 2025, for the country's three major tracks.

The PM expressed the government's optimism for setting a record in investment by the close of 2023.

He also voiced a desire for Jordan to evolve into a regional industrial hub, boosting exports in the process.

Underlining the achievements in launching the fifth generation (5G), Khasawneh underscored the government's focus on enhancing Jordan's tourism appeal and promoting its filming locations, such as Wadi Rum.

Additionally, he noted the endorsement of the national strategy to enhance water supply and address water loss issues.

Emphasizing the government's dedication to developing the public sector, Khasawneh highlighted the significance of harnessing natural resources. He remarked on the government's approval of the national water sector strategy.

The PM stated that confronting climate change challenges remains a priority. He mentioned the adoption of the national policy for climate change spanning from 2022 to 2050, aimed at reducing greenhouse gas emissions.

Talking about electronic identity cards, Khasawneh stated that hundreds of thousands of IDs have been activated, with the goal of reaching one million. This initiative allows citizens to access digital government services, with half of the target already achieved.

In addressing broader societal concerns, Khasawneh shared ongoing efforts to restructure the Ministry of Investment and tackle issues of poverty and unemployment.

Regarding education, he said there will be a name change including "human resources," which aligns with the comprehensive reform program spanning kindergarten, school and university education, transitioning towards specialized fields and moving away from stagnant majors.