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Jordan s Direct Foreign Investment Grows by 2% in 2020

ESCs competitiveness study calls for accelerating economic reform

ESCs’ competitiveness study calls for accelerating economic reform By JT - Jun 22,2021 - Last updated at Jun 22,2021 ‘The competitiveness of the Jordanian economy 2021’ study stressed the importance of accelerating the steps of economic reform to improve Jordan’s competitive position in the world (File photo) AMMAN “The competitiveness of the Jordanian economy 2021” study stressed the importance of accelerating the steps of economic reform to improve Jordan’s competitive position in the world, which is classified in the middle rank according to the classifications of most international relevant reports. According to the study, conducted by the Economic and Social Council (ESC), indicators of macroeconomic variables highlight the importance of tax reform, reconsideration of customs policy, preparing a binding time-limited programme that controls the public debt, and a comprehensive review of the fiscal policy approach, the Jordan News Agency, Petra, reported.

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