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Ammon News - Representative of the food sector in the Jordan Chamber of Commerce (JCC), Raed Hamadeh, stressed the importance of the new government's decisions aimed to ease restrictions to deal with Covid-19 pandemic.

The measures, which will take effect early next month, are "right" steps to revive Jordan's commercial and service sectors that would contribute to increasing the incoming tourism movement and volume commercial and service activity, Hamadeh pointed out in a statement Saturday.

Jordan's economic sectors are an "interconnected and integrated" chain, he said, adding that the activity of any sector would "positively" affect the rest of commercial and service businesses and the national economy.

Noting the need to support local investors and develop their businesses as the basis for economic growth, he highlighted the role of public-private cooperation and coordination to facilitate investment transactions and intensify promotion of Jordan as an "attractive" investment destination.

Hamadeh also noted economic sectors "urgently" need to pump more cash to finance the private sector's needs by launching programs similar to the steps taken by the Central Bank of Jordan (CBJ) to support economic sectors on "concessional" terms.

Jordan's trade and service sector is a pillar of the national economy and an economic growth driver, as more than 118,000 establishments are operating under the sector’s umbrella, which employ some 525,000 workers, while its contribution reaches 59.5% of the GDP, according to Hamadeh.