Jordanian economic ministerial delegation starts official meetings in Washington | Jordan News | Ammon News

Jordanian economic ministerial delegation starts official meetings in Washington

[1/8/2019 5:47:30 PM]

AMMONNEWS - A Jordanian government's economic delegation on Tuesday kicked off official meeting in Washington, D.C., aimed at informing international institutions and the U.S. administration of the economic growth program designed at encouraging investment and increasing employment.

The delegation's meetings with these institutions come in view of their important role in providing technical and financial support to Jordan, including support for the Kingdom's efforts in preparing for the "London Conference to Support the Economy and Investment in Jordan" to be held in February 2019.

The team comprises Minister of Finance Ezzedine Kanakria, Minister of Planning and International Cooperation Mary Kawar and Governor of the Central Bank of Jordan Ziad Fariz.

In its first meeting, the delegation met with the U.S. Deputy Assistant Secretary of Treasury for International Monetary Policy and thanked the U.S. government for its assistance programs and guarantees of Jordan's loans.

Minister of Finance Ezzedine Kanakria emphasized that Jordan is committed to the implementation of fiscal and economic reform programs to positively reflect on economic growth and employment opportunities, as included in the priorities of the government for the next two years.

The Jordanian delegation also met with the Dean of the Board of Executive Directors and Executive Director of the World Bank Merza Hassan, who stressed the continued support of the World Bank Group for Jordan and enabling it to secure soft funding to support the budget and development priorities.

Minister of Planning and International Cooperation Mary Kawar affirmed that the relationship between Jordan and the World Bank Group is strategic. The Bank is considered one of the main partners in the development process in the Kingdom, the minister said, adding: "We look forward to further cooperation in the next phase to achieve development goals within the framework of the government's work program for the years 2019-2020."

Dr. Fawaz al-Bilbisi, Advisor to the Board of Directors of the World Bank, said that the Bank, in full partnership with Jordan, is now moving from the stage of managing the impact of the regional crises which have negatively impacted the Jordanian economy to the stage of the recovery of the Jordanian economy through reform programs that create an appropriate environment to attract investment, modernize the infrastructure of Jordan and achieve sustainable growth.

In the last meeting, the delegation met with the Director of the Department of Monetary Affairs, Assistant of U.S. Secretary of Treasury for Media and Public Diplomacy Affairs.

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