AMMAN — Representative of the food sector
at the Jordan Chamber of Commerce (JCC) Raed Hamadeh stressed the importance of
the government’s new decisions aimed to ease restrictions to deal with the
COVID-19 pandemic, according to the Jordan News Agency, Petra.
اضافة اعلان
The measures, which will take effect early next
month, are the “right” steps to revive Jordan’s commercial and service sectors,
Hamadeh said, adding that they will contribute to increasing tourist and
commercial activity.
Jordan’s economy is “interconnected”, and increased
activity in one sector will “positively” affect other elements of the national
economy, he said.
Noting the need to support local investors and
develop their businesses as the basis for economic growth, he highlighted the
role of public-private cooperation and coordination to facilitate investment
transactions and intensify promotion of Jordan as an “attractive” investment
destination.
Hamadeh also noted economic sectors “urgently” need
to pump more cash to finance the private sector’s needs by launching programs
similar to the steps taken by the Central Bank of Jordan to support economic
sectors on “concessional” terms.
Jordan’s trade and service sector is a pillar of the
national economy and a driver of economic growth, Hamadeh said. More than
118,000 establishments operate under the sector’s umbrella and employ some
525,000 workers, he said, noting that the sector contributes 59.5 percent of
the Kingdom’s GDP.
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