The Jordanian Parliament referred 3 economic bills to the Parliamentary Committee on Economy and Investment, with the aim of stimulating local and foreign investment and increasing the capacity of the private sector for employment.
Prime Minister Bishr Al-Khasawneh stressed during a session of the House of Representatives that "the three bills aim to encourage the investment, business, and competitive environment," noting that "there are facilities related to the practice of companies' business and simplifying it in a way that reduces time, effort and costs for shareholders."
He stressed that "the government will present an encouraging, stimulating and regulating package for the investment environment, as it believes in the final conclusion that true partnership with the private sector and encouraging local, regional and foreign investment may be the only and essential way to address the growing unemployment challenge, while the public sector has no employment windows," he said, noting that "the number of entrants to the labor market is about 130 thousand Jordanians annually."
Al-Khasawneh pointed out that "there are promising indications for the extraction of natural resources that may dispense with the government's imposition of taxes, without revealing any further details."
Source (Al-Araby Al-Jadeed Newspaper, Edited)
