AMMAN — Minister of Planning and International Cooperation Imad Fakhoury on Sunday discussed the Plan to Stimulate Economic Growth 2018-2022 with senior officials, a ministry statement said.

 

The plan aims to maintain the momentum on the economic growth and to benefit from Jordan’s “promising” development potentials.

 

It includes four main pillars: economic stability through financial policies, competitiveness and investment through investment policies, ICT and public sector development, infrastructure including water, energy, and transport, and social development, which includes the education, human resources, healthcare and labour.

 

During a meeting with ministries’ secretary generals and relevant senior officials, Fakhoury said that the government is finalising its action plan related to all fields targeted by the programme including the financial, investment and monetary policies, the judiciary, ICT, developing the public sector, water, sewage system, energy, mineral resources, transport, external trade, macro, small and medium-sized enterprises, tourism, agriculture, education, human resources development and healthcare.

 

The minister said he expected the plan to be completed towards the end of this month so that it can be referred to the Council of Ministers, where the Government’s Performance Unit will issue periodical reports on work progress.

 

The plan includes 95 measures related to the governmental reforms and 85 government projects at a total cost of JD6.9 billion.

 

The programme also highlights 27 investment opportunities for the private sector at a total cost of JD9.5 billion in energy sector, water, transport, ICT, tourism and others to achieve growth of 5 per cent over the next five years.