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Jordan approves projects worth $24 billion - Newspaper

18 June 2017
Jordan has approved projects worth 17 billion Jordanian dinars ($24 billion) for its 2018-2021 economic growth plan, a local newspaper has reported.

The projects cover infrastructure, services and other sectors and will be carried out by the private sector, Arabic daily Al-Rai said, quoting Finance Minister Omar Malhas.

"These projects will give priority to the sectors which will serve the national economy and spur growth in order to expand their share in gross domestic product and create jobs for Jordanians," he said.

The minister said some of the projects would be announced in the 2018 budget, adding that the five-year plan is designed to bring GDP growth to the 2000-2009 levels of 6.5 percent after they dipped to an annual average of 2.5 percent during 2010-2016.

© Zawya Projects News 2017

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