AMMAN — According to Omar Al-Awad, the
President of the
General Association for Restaurants and Sweet Shop Owners, the
demand for restaurants, halls, and event spaces has decreased significantly.
This has had an adverse effect on sweet shops and food factories, which depend
on these places for business. This has resulted in a 60 to 70 percent drop in
demand, which is attributed to the
Gaza siege since October 7. The siege has
been affecting Jordanian citizens, and this has caused a significant blow to the
hospitality and food industry in the region.
اضافة اعلان
On Sunday, Awad mentioned on Radio Noon that
there has been a noticeable absence of weddings, joyous processions, and
cancellations of many events. He highlighted the somber atmosphere due to the
fatalities in Gaza. Furthermore, he mentioned that there has been a general
downturn in the market this season, especially after the
Ukrainian war,
resulting in a 20 to 25 percent decline in purchasing activity. Inflation has
worsened the situation, causing popular markets and others to remain empty for
many hours, as reported by Ammon News.
Awad called for the postponement of
installments and the facilitation of financial claims, whether related to
guarantees or banks. He believes this is crucial to ensuring the continuity of
business in the market and responding to the weakening purchasing power. He
explained that there are between 18,000 to 20,000 restaurants in the sector,
employing around 350,000 workers, most of whom are grappling with accumulated
commitments and debts. The weakened market has also seen a 20 to 25 percent
increase in commodity prices, accounting for approximately 25 percent of the
average income of citizens.
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