PM reviews Amman’s digital overhaul, JD400m sukuk plan to fund services
The Greater Amman Municipality is accelerating a dual-track overhaul of municipal services and financing, as Prime Minister Jafar Hassan reviewed the Municipality’s plans for digital transformation alongside a JD400 million sukuk issuance aimed at reshaping its balance sheet.
During a meeting with Municipality Committee Head Yousef Shawarbeh, Hassan pressed for faster roll-out of upgraded e-services, framing digital delivery as central to improving response times and citizen experience.
Shawarbeh said an HR modernization system is 78% complete, part of a broader administrative reform agenda to raise institutional efficiency, strengthen leadership pipelines, and introduce performance-based evaluation across departments. A 'Future Leaders' program is also being deployed to prepare mid-career staff for executive roles.
On the financing side, officials outlined a Cabinet-backed sukuk program designed to refinance existing liabilities and lower borrowing costs while unlocking long-term capital for infrastructure and service projects. The first tranche, valued at JD400 million, is expected by end-June, with subsequent issuances under preparation.
The sukuk plan is being coordinated by a joint committee including the Ministry of Finance and the Central Bank of Jordan, alongside the municipality, reflecting a shift toward market-based funding for city-level projects.
Officials said the combined push, digitizing services while restructuring debt, aims to improve operational efficiency, expand investment capacity, and support delivery of priority urban projects.
The meeting was attended by Minister of State for Economic Affairs Mohannad Shehadeh, Minister of Digital Economy and Entrepreneurship Sami Smeirat, and Central Bank Governor Adel Sharkas.
The Greater Amman Municipality is accelerating a dual-track overhaul of municipal services and financing, as Prime Minister Jafar Hassan reviewed the Municipality’s plans for digital transformation alongside a JD400 million sukuk issuance aimed at reshaping its balance sheet.
During a meeting with Municipality Committee Head Yousef Shawarbeh, Hassan pressed for faster roll-out of upgraded e-services, framing digital delivery as central to improving response times and citizen experience.
Shawarbeh said an HR modernization system is 78% complete, part of a broader administrative reform agenda to raise institutional efficiency, strengthen leadership pipelines, and introduce performance-based evaluation across departments. A 'Future Leaders' program is also being deployed to prepare mid-career staff for executive roles.
On the financing side, officials outlined a Cabinet-backed sukuk program designed to refinance existing liabilities and lower borrowing costs while unlocking long-term capital for infrastructure and service projects. The first tranche, valued at JD400 million, is expected by end-June, with subsequent issuances under preparation.
The sukuk plan is being coordinated by a joint committee including the Ministry of Finance and the Central Bank of Jordan, alongside the municipality, reflecting a shift toward market-based funding for city-level projects.
Officials said the combined push, digitizing services while restructuring debt, aims to improve operational efficiency, expand investment capacity, and support delivery of priority urban projects.
The meeting was attended by Minister of State for Economic Affairs Mohannad Shehadeh, Minister of Digital Economy and Entrepreneurship Sami Smeirat, and Central Bank Governor Adel Sharkas.
The Greater Amman Municipality is accelerating a dual-track overhaul of municipal services and financing, as Prime Minister Jafar Hassan reviewed the Municipality’s plans for digital transformation alongside a JD400 million sukuk issuance aimed at reshaping its balance sheet.
During a meeting with Municipality Committee Head Yousef Shawarbeh, Hassan pressed for faster roll-out of upgraded e-services, framing digital delivery as central to improving response times and citizen experience.
Shawarbeh said an HR modernization system is 78% complete, part of a broader administrative reform agenda to raise institutional efficiency, strengthen leadership pipelines, and introduce performance-based evaluation across departments. A 'Future Leaders' program is also being deployed to prepare mid-career staff for executive roles.
On the financing side, officials outlined a Cabinet-backed sukuk program designed to refinance existing liabilities and lower borrowing costs while unlocking long-term capital for infrastructure and service projects. The first tranche, valued at JD400 million, is expected by end-June, with subsequent issuances under preparation.
The sukuk plan is being coordinated by a joint committee including the Ministry of Finance and the Central Bank of Jordan, alongside the municipality, reflecting a shift toward market-based funding for city-level projects.
Officials said the combined push, digitizing services while restructuring debt, aims to improve operational efficiency, expand investment capacity, and support delivery of priority urban projects.
The meeting was attended by Minister of State for Economic Affairs Mohannad Shehadeh, Minister of Digital Economy and Entrepreneurship Sami Smeirat, and Central Bank Governor Adel Sharkas.
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PM reviews Amman’s digital overhaul, JD400m sukuk plan to fund services
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