Amman: CEO of the Social Security Investment Fund (SSIF), Dr. Ezz Eddin Kanakrieh, announced that the fund's assets are now equivalent to approximately 43% of Jordan's GDP. These investments are spread across most economic sectors and regions within the Kingdom, reinforcing the fund's position as a key player in the national economy.
According to Jordan News Agency, Kanakrieh emphasized that the SSIF continues to act as a significant investment pillar, contributing to Jordan's economic development. He highlighted that the fund's investments are managed with a long-term strategy focused on asset diversification, risk management, and informed investment decisions based on specialized technical and financial analyses. This approach aims to ensure profitable returns while maintaining acceptable risk levels.
Kanakrieh further explained that the fund's strategy is rooted in its institutional responsibility to manage and grow the savings of subscribers and retirees, thereby supporting the sustainability of the pension system for both present and future generations. He noted that since its inception, the fund's assets have consistently grown, increasing from JD1.6 billion in 2003 to approximately JD18.6 billion by the end of 2025.
This growth, he stated, is driven by cumulative investment profits of JD10.8 billion, compared to JD6.2 billion in cash surpluses transferred from the Social Security Corporation. In 2025 alone, the fund's assets saw an increase of approximately JD2.4 billion, representing a growth rate of 15.2% over the previous year. This reflects the strength of the fund's long-term investment strategy in managing social security savings.
Kanakrieh also highlighted the economic impact of the fund's investments, noting that the companies and projects it owns or invests in provide over 100,000 direct job opportunities. Additionally, they create tens of thousands of indirect jobs in sectors such as industry, services, transportation, and supply chains. He underscored the broad economic influence of the SSIF's investments and their role in stimulating economic activity across various sectors.