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Jordan Economic Growth Plan 2018–2022.

Country
Type of law
Policy
Source

Abstract
The Jordan Economic Growth Plan is a national plan with a multi-sectoral approach. The timeframe of this Plan is 5 years between 2018 and 2022. The Jordan Economic Growth Plan 2018 - 2022 (JEGP) aims at achieving economic growth through economic, fiscal and sectoral strategies that outline the vision and policies pertaining to each sector.
Preventive measures will be taken for food security, food availability and access to food by enhancing risk management through the preparation of crisis management plans. Information and data on food security issues will be provided through regular data collection and studies. A strategic reserve of basic commodities, food supplies and necessities will be built to strengthen food security. The quantity and quality of the reserve will be maintained to ensure effective support. Due to the growth in population increased demand for food will be met by increasing agricultural production instead of importing food. The quality of water will be improved therewith safe drinking water will be supplied to citizens.
In order to make agriculture more productive and sustainable, (i) new agricultural technologies will be developed, (ii) the efficiency of water use available for irrigation will be increased, (iii) the cultivation of high yield crops and the use of improved and drought resistant seeds will be encouraged, (iv) agricultural research and transfer of technology will be supported, (v) mechanization in agricultural operations will be encouraged, and (vi) early warning systems for predicting transboundary diseases and pests will be introduced. Veterinary quarantine projects will be developed. Water supply will be increased by replacing fresh water from surface and groundwater sources with treated wastewater from wastewater treatment plants. Water management will be integrated and projects on increased water quantity, water harvesting, water conservation, efficient use of water and energy sources in the water sector will be carried out. Organic agriculture and best agricultural practices will be promoted.
Extension services will be improved for farmers to achieve increased productivity in the agriculture sector and contribution to the national economy. Small and income-generating projects will be encouraged in rural areas. Private sector participation will be stimulated in formulating agricultural policies through participation in unions and cooperatives. The General Cooperative Union and regional federations will be established to ensure collaboration between and also to inspect the cooperatives. Women will be empowered and their contribution to the labor force will be increased to activate their economic participation. Furthermore youth will be empowered across all fields to develop and enhance their potentials and prospects. Capacity building will be improved through education to meet the needs of labor market.
Monetary and fiscal stability will be maintained and a competitive business environment will be created, by adopting an effective and flexible fiscal policy. Investment in both power (electricity) and water will be promoted, particularly for renewable energy and water capture/efficiency programs, to improve the citizen’s standard of living. All entities involved in investment are committed to applying the best international standards in terms of practices, such as certification and standards in the areas of health, environment, and consumer protection. The quality of commodities in the market will be supervised during all stages of the supply chain. Traceability for plant and animal products will be adopted to increase their access to non-traditional markets. Agricultural product marketing of crops will be improved with high water-value, in both local and foreign markets through the Rural Economic Growth and Employment Project. Marketing plans will be developed to increase exports of national agricultural products to new markets. Sustainable energy management will be ensured through appropriate policies, legislations, and programs that increase the contribution of domestic resources to the overall energy mix, diversifying resources and forms of energy, as well as activating energy efficiency programs in all sectors. Renewable energy technology will be introduced to reduce energy prices and costs, protect the environment, and increase the share of renewable energy to 10% by 2025. Private sector will be engaged in the implementation of strategic projects in and management of the water sector. Funding sources will be mobilized for Micro, Small and Medium-sized Enterprises (MSMEs) and high added value economic sectors. Detailed, comprehensive and accurate information databases will be provided for all the economic sectors. Free market mechanisms will be regulated to achieve a balance that protects all involved parties engaged in internal trade processes. Industrial manufacturing base will be expanded to create job opportunities with a gender sensitive approach. The quality of local products will be improved in compliance with international specifications to promote the entry of Jordanian products to international markets and their competitiveness will be increased to boost export. Importance will be given to the local production in order to decrease import. An innovation fund for agriculture, food, and energy will be established to support investment in local production of essential items.
The Government of Jordan will present to the parliament a number of new and amended laws and bylaws to upgrade its legislation framework.
Date of text
Entry into force notes
2018–2022.
Repealed
No
Publication reference
Publication of the Economic Policy Council.
Source language

English

Legislation Amendment
No