The Director of the Middle East and Central Asia Department at the International Monetary Fund, Dr. Jihad Azour emphasized a forthcoming transformation of the world economy of a new kind, in which the form moves from its overall system to one in which the regional role will have a major impact.
Azour pointed out during a videoconference organized by the Jordanian Strategy Forum that Jordan will be indirectly affected by the impact of the Gulf countries, which are considered tributaries of employment, capital, and financial transfers. Indicating that the Fund cooperated with the government to give greater momentum to health projects, focus on marginalized groups and raise trust between the citizen and the government by accelerating and improving the quality of services and ensuring that public money goes to its rightful place, within the frameworks of fighting the scourge of corruption and addressing institutional weaknesses.
Azour stressed the need for countries in the region to accelerate their reform through a deep economic network and the adoption of advanced technology to facilitate the movement of communication between countries and the economy on the one hand and the economy and the citizen on the other hand, and to anticipate the next stage and how the world economy will be. And he considered that this crisis that passes on the region and the countries of the world is unparalleled, and caused successive shocks from the spread of the pandemic and the decline in oil prices, which reflected on the oil economies, and the effects of the total or gradual closure on the economies.
Azour pointed out that gradual exit from the crisis will be difficult, as the stage remains clouded by the fact that we are unable to foresee what will come and what the global economy will be, indicating that there are effects that the crisis has left on sensitive and basic sectors that secure job opportunities such as tourism and important productive sectors that must be dealt with. Stressing that it is necessary to study how to deal with the risk of a renewal of this crisis, and look at the next stage with an answer to how to pass from the first stage whose goal is to protect the human being and protect the livelihood to enhance the economy, protect it, enable it, then re-rise
Source (Al-Dustour Newspaper-Jordan, Edited)
