IMF Praise Recommendations of the Jordan Economic Policies Council

تم نشره في Sat 8 October / Oct 2016. 12:00 AM - آخر تعديل في Sun 9 October / Oct 2016. 12:13 AM
  • IMF Entrance in Washington - (Archives)

AMMAN — The recommendations issued by the Jordan Economic Policies Council on priorities of the national economy were a step in the right direction, Masood Ahmed, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) said Friday.

In a telephone conference held in Washington with the participation of Petra, Ahmed said that the Jordanian authorities exerted huge efforts to achieve balance and ensure stability of the overall economy, adding that the government is now taking key steps to accelerate growth and increase the competitiveness of the Jordanian economy.

The IMF official welcomed the recommendations, which were developed by public sector stakeholders, while noting the steps taken to enhance the business climate, which slowed down the Kingdom's economic growth.

The region, Ahmed said, would not post strong economic growth rates, because of the ongoing conflicts in Syria, Iraq, Yemen and Libya as well as falling oil prices.