AMMAN— Representatives from various business
sectors have called for urgent measures to revitalize and stimulate commercial
activity in the local market, stressing the need to provide liquidity to
mitigate the economic downturn.
اضافة اعلان
They proposed deferring loan installments for individuals
and companies alike, as well as reconsidering various customs and tax fees, and
restructuring the overall salary structure. Additionally, they suggested
launching social protection programs and implementing specialized sectoral
solutions to address the challenges faced, Al-Mamlaka TV reported.
Emphasizing the importance of a trade strategy
to contribute to economic development, they highlighted the need to promote
Jordan as a promising investment opportunity and showcase its advantages
through major shopping festivals.
President of the Zarqa Chamber of Commerce,
Hussein Shraim stated that deferring loan installments without interest would
provide liquidity to boost commercial activity. He called for a review of
customs duties and the general sales tax, especially for essential goods, to
facilitate trade.
He also highlighted the importance of creating
external employment opportunities for unemployed individuals with university
degrees, emphasizing the need for vocational and technical training to
gradually replace local labor.
Chairman of Karak Chamber of Commerce, Mamduh
Al-Qaraleh urged exploring means to provide liquidity among citizens and
traders alike through various measures, including loan deferments, reducing
various taxes and fees, and reviewing fuel pricing and the overall salary
structure.
Additionally, the Head of the General Union of
Clothing, Shoe and Textile Merchants, Sultan Allan proposed studying the
challenges faced by each trade and economic sector separately and devising
specialized solutions for each. He stressed the importance of adopting a trade
strategy that contributes to overall economic development.
He also called for focusing on global
marketing and highlighting Jordan's advantages through large shopping festivals
and joint discount seasons in various provinces, supporting local traders by
organizing the local market.
Meanwhile, economic expert Munir Dayeh stated
that commercial activity has been facing difficult conditions since the
beginning of the Israeli aggression on the Gaza Strip, as a result of several
psychological and economic factors affecting consumers and business owners.
He pointed out that the current economic
conditions are exceptional, requiring the government to take a set of measures
to deal with them, most importantly deferring loan installments, given the
financial obligations on citizens related to the specificity of Ramadan and the
upcoming Eid Al-Fitr and others, to inject liquidity into markets and stimulate
commercial activity.
He considered that bank policies are strict,
negatively affecting many economic sectors in terms of liquidity shortage,
economic performance decline, and living conditions of citizens, necessitating
reducing interest rates to revive markets, calling for the expedited
disbursement of income and sales tax refunds for companies.
He expressed hope for the existence of social
protection programs provided by the Social Security Corporation (SSC), similar
to the programs launched during the COVID-19 pandemic, reducing and deferring
contributions, to maintain the continuity of employees' work, especially in
affected sectors during this period, and offering financing programs to
maintain liquidity levels in the economy.
Read more National news
Jordan News
.jpg)
.jpg)
