Business Archive
  • »Tax Incidence in Jordan at 25% of GDP, Revenues from Income Tax at 4%: Study

    Sun 15 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— A study by the Arab NGO Network for Development on the implications of taxation policies in the region states that tax incidence in Jordan stands at 25 per cent of GDP, whereas income tax revenues do not exceed 4 per cent,...
  • »PM: We’re on Our Own, We Must Depend on Ourselves, 2018 Will Bring Good News

    Sun 15 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— The Prime Minister, Dr Hani Mulqi, said during a meet with the commercial sector at the Amman Chamber of Commerce (ACC) today, Monday, that 2018 will bring good news.
    However, “we’re on our own” he said....
  • »Price Hikes to Include Packaged, Manufactured Foodstuff: Sources

    Sun 15 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— The government intends to increase the price offering on packaged and manufactured foodstuff, according to what a government source has told the Association of Foodstuff Merchants.
    Meanwhile, Association Chairman Khalil...
  • »Gov’t Suggests Tying Refugee Aid to Labour Permits

    Sat 14 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Minister Yaroub Qudah confirmed to AlGhad today, on Sunday, that the government has suggested tying Syrian refugee aid at camps to the issuance of labour permits or regular employment, as that would add to the benefits of...
  • »Gold Reserves Up 5% in Q3-2017

    Sat 14 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— The overall value of gold reserves at the Central Bank of Jordan (CBJ) has increased by 5 per cent in the third quarter of the current year, Q3-2017, around JOD52.3 million worth of gold ounces, compared to Q3-2016,...
  • »Inflation Up 3.5% in September 2017

    Sat 14 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— The Statistics Department bulletin for September shows the inflation index has increased by 3.5 per cent to 120 points from 115.94 in September 2016.
    Chief among the inflation factors were the increase in the costs of...
  • »Jordan Fiscal Reform Aims to Achieve Economic Stability: IMF

    Fri 13 October / Oct 2017. 11:00 PM
    AMMAN — Director of the International Monetary Fund's (IMF) Middle East and Central Asia Department, Jihad Azour, said the fiscal reforms being carried out by the Jordanian government are part of the programmes it had drawn up years ago to...
  • »Cabinet to meet with Telecomm Sector Sunday to Discuss Economic Measures

    Fri 13 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— An official source confirmed to AlGhad that the Cabinet has scheduled a meeting with representatives of the Telecommunications sector and a number of entrepreneurs on Sunday to discuss the government’s plan for...
  • »Net Tax Revenues Drop 4% Due to Evasion, Declining Profitability

    Fri 13 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Net tax revenues over the first eight months of the current year, 2017, have declined by some JOD35.8 million, nearly 4.3 per cent, compared to the same duration in 2016, according to the figures of the Ministry of...
  • »Bread Subsidies Revisited, Possible Direct Cash Subsidies as Alternative

    Wed 11 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Ahead of the 2018 Budget Bill, which supposedly entails the withdrawal of subsidies on an undisclosed number of commodities, the government has begun deliberation on bread subsidies, which will double the price per...
  • »Inbound European Tourism Up 12%

    Wed 11 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Inbound European tourism, according to data by the Ministry of Tourism, has increased by 12 per cent over the nine months since the beginning of the year, compared to the same duration in 2016, from 327.1 thousand tourists...
  • »Situation in Kurdistan-Iraq Threatens Basra-Aqaba Pipeline project

    Wed 11 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— An informed source, who spoke to AlGhad in anonymity, expressed their fear of the outcomes and proceedings of the referendum in the Iraqi Kurdistan province, that it will affect the implementation of the Basra-Aqaba oil...
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