AMMAN — Economic expert Mohammed Al-Bashir
stated that Jordan's economic conditions were better in 2020 compared to the
current year, despite the
COVID-19 pandemic's impact on Jordanians.
اضافة اعلان
According to Bashir, Jordan is among the
most expensive Arab countries, with a minimum wage of 260 dinars and
rising unemployment, Saraya news reported.
He also addressed the issue of increasing
taxes, leading to weakened purchasing power amidst challenging living
conditions for Jordanians, describing this as a "dual problem." The
economy is experiencing a noticeable distortion, particularly in sectors like
banking, trade, and information technology.
Citizen’s primary rights
Bashir emphasized that tax distortion is a
fundamental problem in Jordan, negatively affecting citizens and
economic establishments. He added, "The state should not impose taxes without
fulfilling citizens' primary rights."
Essential services such as public
transportation are inadequate, Bashir said, along with the lack of
comprehensive insurance and proper education, these inadequacies heavily burden
consumers.
He explained that keeping up with
development and population growth rates highlights key issues in sales tax,
energy and its derivatives, and interest on loans, as well as social security
shares.
Bashir noted that the government injected
significant funds to address the pandemic, attempted to avoid
raising fuel prices, and maintained loan interest rates. Yet successive governments
arbitrarily handled these issues, burdening citizens and economic
establishments due to contradicting government financial policies.
Read more National newsJordan News