Counting on a revival in the tourism sector to help restore vigorous economic growth, Jordan is also looking to promising official data for the first quarter of the year.
Jordan
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After years of discussions and document-drafting, Jordan is poised to introduce a new investment law which the administration hopes will play a key part in reinvigorating the economy.
Two landmark deals sealed in March have paved the way for Jordan’s power authority to begin buying solar electricity from the private sector, supporting the kingdom’s long-running efforts to boost renewable energy production.
The authorities in Jordan are taking steps to reduce the current gap between the university classroom and workplace, while also opening the door to more foreign students.
While Jordan’s tourism industry continues to labour under the weight of regional instability, with official figures showing a 14% decline in the number of visitors in 2013, a variety of novel initiatives could hold the key to recovery.
A new committee has been launched to build on the success of the Aqaba Special Economic Zone, the centrepiece of a long-term strategy to spread faster and more sustainable economic development to the rest of the kingdom.