Amman: Sectoral working sessions convened on Tuesday at the Prime Ministry to develop the second executive programme (2026-2029) of the Economic Modernisation Vision, with a dedicated session for the financial services sector under the “Future Services” engine. Participants discussed the sector’s priorities and their integration into the upcoming executive programme, focusing on translating priorities into actionable projects with clear timelines and measurable performance indicators.
According to Jordan News Agency, the session was held as part of a participatory approach, involving both public and private sector stakeholders. Governor of the Central Bank of Jordan Adel Sharkas presented 12 national initiatives adopted by the Bank to advance the financial markets and services sector within the Economic Modernisation Vision. The initiatives are being implemented through 20 projects, building on past achievements and designed to unlock the sector’s potential to support economic growth.
Key initiatives highlighted include expanding financial inclusion to ensure accessible financial services for all societal segments, digital transformation to develop a sustainable digital ecosystem for fast, secure, and low-cost cross-border remittances, and AI integration to boost innovation, operational efficiency, and competitiveness in financial and banking services. Additionally, the session emphasized establishing an integrated cybersecurity framework, enhancing consumer protection and legislation, and promoting fintech and digital banking.
The session also focused on advancing the Central Bank’s Green Finance Strategy, reforming the insurance sector, and promoting open banking and micro and small enterprise financing. Participants stressed the importance of achieving an efficient capital market aligned with international standards to boost competitiveness and attract investment. They called for legislative reform, including updates to the Securities Law, and emphasized strengthening the independence of the Jordan Securities Commission.
Discussion points included encouraging the creation of investment funds, stimulating the secondary bond market on the Amman Stock Exchange, and enabling strategic, high-impact initiatives to accelerate progress toward the Vision’s goals. The session was part of a broader series of dialogues that began at the Royal Court and continue at the Prime Ministry in coordination with the private sector, ensuring that sector-specific priorities are effectively reflected in the Vision’s second executive programme.