Measures needed to to stimulate the economy, says JCC chief

Head of the Jordan Chamber of Commerce (JCC), Nael Kabariti, called on the government to take “urgent” measures to help the national economy rebound, and overcome repercussions triggered by the Covid-19 crisis.

 

Speaking during a press conference on Sunday, he stressed the need to launch a new mechanism to stop the decline in trade activity ravaging various sectors.

 

Moreover, he stressed the importance of revisiting the customs mechanism and addressing the issue of “unjustified” fees at the Aqaba container port, which now affects the flow of goods to the local market.

 

Kabariti also called for reviewing the banks’ lending policy, and revamping the sales tax and the collection mechanism in place.

 

A new agricultural marketing policy should be launched, as this sector is an “essential engine for the growth of trade activity,” according to Kabariti.

 

On the recent anti-Covid-19 measures, he said the incentives launched “did not live up to the the private sector’s aspirations,” amid the challenges triggered by Covid-19 pandemic, stressing the need to revamp the taxes in place.

 

The tourism sector is the a hard-hit industry by the crisis, he said, calling on incentives to stimulate the business’s various components.

 

On the curfew reinstatement, Kabariti stressed the need to think “seriously” before making any lockdown-related decisions.

 

In this context, he called for the implementation of Defense Order No. 11 “strictly”, aimed to apply preventive measures, to dodge any impact on the national economy as a result of the failure to comply with safety and health measures.

 

Source: Jordan News Agency

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