The government presented to the banking sector and Association of Banks in Jordan (ABJ) members, its action priorities for economic recovery during 2021 and 2023.
Speaking during the meeting, which was held at the ABJ headquarters on Wednesday, Minister of Planning and International Cooperation and Chairman of the Economic Development Committee (EDC), Nasser Shraideh, said Jordan’s banking sector contributed “significantly” to achieving financial and monetary stability in the last stage.
“The government is counting on the banking sector during the next stage to finance growth and development,” Shraideh said, adding that the sector is a means to enable the gov’t to achieve goals of its economic development plan.
These meetings, he noted, reflect directives of His Majesty King Abdullah II aimed to emphasize principle of “true and participatory” partnership with the private sector to overcome and counter economic challenges.
His Majesty King Abdullah II directed the government to develop a “clear” economic action program linked to specific timeframes for its implementation, in partnership with the private sector to achieve Jordan’s economic recovery, according to Shraideh.
Within its plan, he said the government seeks to set priorities and the “most important” reforms and policies required to be implemented to stimulate growth and create job opportunities, in partnership with the private sector.
The minister also said a periodic review of the government’s priorities will be conducted, pointing out that each priority will have an action plan linked to a specific timetable for implementation, as well as the required procedures, the stakeholders, and the funding allocated to implement those priorities.
Source: Jordan News Agency