Open figure viewer
Significance
The plan set outs ambitious targets that aim to invigorate the economy over the coming decade. The total investment required is projected at JOD41.4bn (USD57.6bn), of which more than two-thirds must come from non-government sources, including a large increase in foreign direct investment.
Impacts
Many Jordanians will dismiss the plan as a propaganda ploy designed to favour business elites at the expense of public-sector workers.
The plan will need high-level political support to succeed because of the high turnover of government ministers.
Gulf sovereign wealth funds are likely to invest for political purposes to maintain Jordanian stability rather than for commercial reasons.
© Oxford Analytica 2022. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2022
You do not currently have access to this content.
