22.8% achievement of Economic Modernization Vision priorities by September's end
*By the end of September, there are 76 priorities postponed from the Economic Modernization Vision.
*4 priorities in the Economic Modernization Vision 'have not begun to be addressed'
Ammon - The administration has finalized 22.8% of the priority items from the executive program of the Economic Modernization Vision, amounting to 514, since its initiation in early 2023, up to the conclusion of the third quarter of this year.
Based on the results from the work progress of the Economic Modernization Vision executive program (2023-2025), the government has accomplished 117 priorities by the conclusion of the third quarter of this year, whereas 316 priorities remain 'under implementation,' accounting for 61.6% of all priorities.
The system for monitoring government performance showed that 76 priorities remain delayed, which accounts for 14.8% of the overall implementation of priorities, while there are 4 priorities that had not yet commenced by the end of last September in the program's work plan.
Specifically, the government has finished 27 priorities in the High-Value Industries Engine, then 23 priorities in the Future Services Engine, followed by 22 priorities in the Sustainable Resources Engine, and concluded with 20 priorities in the Quality of Life Engine.
The government has finalized 19 priorities in the Leadership and Innovation Engine, 6 priorities in the 'Jordan is a Global Destination' Engine, 7 priorities in the Investment Engine, and 4 priorities in the 'Sustainable Environment' Engine.
The priorities that are currently being implemented are organized as follows: 82 priorities within the 'Quality of Life' Engine, 71 priorities in the 'Leadership and Innovation' Engine, 63 priorities under the 'High-Value Industries' Engine, 46 priorities in the Sustainable Resources Engine, 48 priorities in the Future Services Engine, 24 priorities in the 'Jordan is a Global Destination' Engine, 20 priorities in the Investment Engine, and 23 priorities in the 'Sustainable Environment' Engine.
Regarding the postponed priorities, they were allocated into 35 priorities within the 'Quality of Life' engine, 15 priorities in the Leadership and Innovation engine, 6 priorities in the High-Value Industries engine, 4 priorities in the 'Sustainable Resources' engine, 6 priorities in the 'Sustainable Environment' engine, 4 priorities in the 'Future Services' engine, 5 in the 'Jordan is a Global Destination' engine, while 3 priorities in the 'Jordan is a Global Destination' engine, and a single priority in the 'Quality of Life' engine has yet to commence.
Launched at the end of 2022 under Royal Patronage, the Economic Modernization Vision and the Public Sector Modernization Map were introduced. Last year's executive program for the Economic Modernization Vision encompassed around 183 programs, 380 initiatives, and 514 priorities, with a budget allocation of 670 million dinars for 2023.
The government designated approximately 734 million dinars for the Economic Modernization Vision Program in 2024, broken down as follows: 349 million dinars in the general budget, 135 million in the budget for government entities and self-financing, and 250 million dinars in foreign assistance.
The government achieved 78 out of 97 anticipated priorities last year, while 19 priorities were postponed, for which 670 million dinars were designated; 355 million dinars came from the general budget and 165 million dinars were sourced from foreign assistance
Economic Metrics
The revised vision report revealed that the actual growth rate of the GDP at constant prices for the first half of this year was 2.2%, whereas the inflation rate from January to September reached 1.65%. Additionally, the per capita share of the GDP in 2023 stood at 3.142 Jordanian dinars.
The report indicated that from January to September 2024, the Central Bank of Jordan's foreign exchange reserves reached 20.2 billion dollars, with a coverage rate for imports of 8.1 months during that timeframe.
Regarding the external sector, the report revealed that the overall export volume reached 6.228 million dinars from the year's start until the end of August, while imports totaled 12.457 million dinars during the same timeframe. Additionally, the current account deficit ratio, excluding assistance, represented 8.4% of the gross domestic product by the first half of this year. Net foreign direct investment was approximately 354.2 million dinars by the first half of 2024.
*By the end of September, there are 76 priorities postponed from the Economic Modernization Vision.
*4 priorities in the Economic Modernization Vision 'have not begun to be addressed'
Ammon - The administration has finalized 22.8% of the priority items from the executive program of the Economic Modernization Vision, amounting to 514, since its initiation in early 2023, up to the conclusion of the third quarter of this year.
Based on the results from the work progress of the Economic Modernization Vision executive program (2023-2025), the government has accomplished 117 priorities by the conclusion of the third quarter of this year, whereas 316 priorities remain 'under implementation,' accounting for 61.6% of all priorities.
The system for monitoring government performance showed that 76 priorities remain delayed, which accounts for 14.8% of the overall implementation of priorities, while there are 4 priorities that had not yet commenced by the end of last September in the program's work plan.
Specifically, the government has finished 27 priorities in the High-Value Industries Engine, then 23 priorities in the Future Services Engine, followed by 22 priorities in the Sustainable Resources Engine, and concluded with 20 priorities in the Quality of Life Engine.
The government has finalized 19 priorities in the Leadership and Innovation Engine, 6 priorities in the 'Jordan is a Global Destination' Engine, 7 priorities in the Investment Engine, and 4 priorities in the 'Sustainable Environment' Engine.
The priorities that are currently being implemented are organized as follows: 82 priorities within the 'Quality of Life' Engine, 71 priorities in the 'Leadership and Innovation' Engine, 63 priorities under the 'High-Value Industries' Engine, 46 priorities in the Sustainable Resources Engine, 48 priorities in the Future Services Engine, 24 priorities in the 'Jordan is a Global Destination' Engine, 20 priorities in the Investment Engine, and 23 priorities in the 'Sustainable Environment' Engine.
Regarding the postponed priorities, they were allocated into 35 priorities within the 'Quality of Life' engine, 15 priorities in the Leadership and Innovation engine, 6 priorities in the High-Value Industries engine, 4 priorities in the 'Sustainable Resources' engine, 6 priorities in the 'Sustainable Environment' engine, 4 priorities in the 'Future Services' engine, 5 in the 'Jordan is a Global Destination' engine, while 3 priorities in the 'Jordan is a Global Destination' engine, and a single priority in the 'Quality of Life' engine has yet to commence.
Launched at the end of 2022 under Royal Patronage, the Economic Modernization Vision and the Public Sector Modernization Map were introduced. Last year's executive program for the Economic Modernization Vision encompassed around 183 programs, 380 initiatives, and 514 priorities, with a budget allocation of 670 million dinars for 2023.
The government designated approximately 734 million dinars for the Economic Modernization Vision Program in 2024, broken down as follows: 349 million dinars in the general budget, 135 million in the budget for government entities and self-financing, and 250 million dinars in foreign assistance.
The government achieved 78 out of 97 anticipated priorities last year, while 19 priorities were postponed, for which 670 million dinars were designated; 355 million dinars came from the general budget and 165 million dinars were sourced from foreign assistance
Economic Metrics
The revised vision report revealed that the actual growth rate of the GDP at constant prices for the first half of this year was 2.2%, whereas the inflation rate from January to September reached 1.65%. Additionally, the per capita share of the GDP in 2023 stood at 3.142 Jordanian dinars.
The report indicated that from January to September 2024, the Central Bank of Jordan's foreign exchange reserves reached 20.2 billion dollars, with a coverage rate for imports of 8.1 months during that timeframe.
Regarding the external sector, the report revealed that the overall export volume reached 6.228 million dinars from the year's start until the end of August, while imports totaled 12.457 million dinars during the same timeframe. Additionally, the current account deficit ratio, excluding assistance, represented 8.4% of the gross domestic product by the first half of this year. Net foreign direct investment was approximately 354.2 million dinars by the first half of 2024.
*By the end of September, there are 76 priorities postponed from the Economic Modernization Vision.
*4 priorities in the Economic Modernization Vision 'have not begun to be addressed'
Ammon - The administration has finalized 22.8% of the priority items from the executive program of the Economic Modernization Vision, amounting to 514, since its initiation in early 2023, up to the conclusion of the third quarter of this year.
Based on the results from the work progress of the Economic Modernization Vision executive program (2023-2025), the government has accomplished 117 priorities by the conclusion of the third quarter of this year, whereas 316 priorities remain 'under implementation,' accounting for 61.6% of all priorities.
The system for monitoring government performance showed that 76 priorities remain delayed, which accounts for 14.8% of the overall implementation of priorities, while there are 4 priorities that had not yet commenced by the end of last September in the program's work plan.
Specifically, the government has finished 27 priorities in the High-Value Industries Engine, then 23 priorities in the Future Services Engine, followed by 22 priorities in the Sustainable Resources Engine, and concluded with 20 priorities in the Quality of Life Engine.
The government has finalized 19 priorities in the Leadership and Innovation Engine, 6 priorities in the 'Jordan is a Global Destination' Engine, 7 priorities in the Investment Engine, and 4 priorities in the 'Sustainable Environment' Engine.
The priorities that are currently being implemented are organized as follows: 82 priorities within the 'Quality of Life' Engine, 71 priorities in the 'Leadership and Innovation' Engine, 63 priorities under the 'High-Value Industries' Engine, 46 priorities in the Sustainable Resources Engine, 48 priorities in the Future Services Engine, 24 priorities in the 'Jordan is a Global Destination' Engine, 20 priorities in the Investment Engine, and 23 priorities in the 'Sustainable Environment' Engine.
Regarding the postponed priorities, they were allocated into 35 priorities within the 'Quality of Life' engine, 15 priorities in the Leadership and Innovation engine, 6 priorities in the High-Value Industries engine, 4 priorities in the 'Sustainable Resources' engine, 6 priorities in the 'Sustainable Environment' engine, 4 priorities in the 'Future Services' engine, 5 in the 'Jordan is a Global Destination' engine, while 3 priorities in the 'Jordan is a Global Destination' engine, and a single priority in the 'Quality of Life' engine has yet to commence.
Launched at the end of 2022 under Royal Patronage, the Economic Modernization Vision and the Public Sector Modernization Map were introduced. Last year's executive program for the Economic Modernization Vision encompassed around 183 programs, 380 initiatives, and 514 priorities, with a budget allocation of 670 million dinars for 2023.
The government designated approximately 734 million dinars for the Economic Modernization Vision Program in 2024, broken down as follows: 349 million dinars in the general budget, 135 million in the budget for government entities and self-financing, and 250 million dinars in foreign assistance.
The government achieved 78 out of 97 anticipated priorities last year, while 19 priorities were postponed, for which 670 million dinars were designated; 355 million dinars came from the general budget and 165 million dinars were sourced from foreign assistance
Economic Metrics
The revised vision report revealed that the actual growth rate of the GDP at constant prices for the first half of this year was 2.2%, whereas the inflation rate from January to September reached 1.65%. Additionally, the per capita share of the GDP in 2023 stood at 3.142 Jordanian dinars.
The report indicated that from January to September 2024, the Central Bank of Jordan's foreign exchange reserves reached 20.2 billion dollars, with a coverage rate for imports of 8.1 months during that timeframe.
Regarding the external sector, the report revealed that the overall export volume reached 6.228 million dinars from the year's start until the end of August, while imports totaled 12.457 million dinars during the same timeframe. Additionally, the current account deficit ratio, excluding assistance, represented 8.4% of the gross domestic product by the first half of this year. Net foreign direct investment was approximately 354.2 million dinars by the first half of 2024.
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22.8% achievement of Economic Modernization Vision priorities by September's end
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