PM attends Citibank Jordan’s 50th Anniversary Celebration, 2nd add

Al-Khasawneh underlined the government's commitment to continue the reform process, based on the strength of the national economy and the partnership with the private sector, which contributed to creating the investment environment and overcoming many of the challenges facing the Jordanian economy, especially unemployment, which is currently estimated at 21.4%. Despite the challenges, the prime minister explained that the government has managed to reduce unemployment rates over the past two years, but the numbers are still high. He pointed out that the situation in the region requires finding new ways to promote hope among young people, especially in light of the existence of great challenges, noting that the government cannot face these challenges alone, but needs a real partnership with the private sector to attract foreign direct investment, which is necessary to provide job opportunities and increase economic growth, as the private sector is a vital partner in development, and this is what the government is committed to and continues to work on to provide all possibilities for the private sector and create an attractive investment environment that enables existing investment and attracts more investments. The Prime Minister stressed that despite the regional challenges and the repercussions of the Israeli aggression on the Gaza Strip, Jordan has been able to continue the process of modernization and development, move forward with its economic programs, and achieve growth, perhaps not at the hoped-for rates, but it has achieved good economic growth rates. He also expressed his hope to overcome this stage and move forward towards achieving these goals, which will not be achieved without these partnerships and the confidence that the national economy enjoys from institutions such as Citibank, the US government, the International Monetary Fund (IMF) and international credit institutions. Source: Jordan News Agency