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Government unveils 3-year economic plan

Government unveils 3-year economic plan

The Council of Ministers has approved a national export strategy for the period from 2026 to 2029, aimed at strengthening the presence of Jordanian products in international markets, increasing exports by 5% annually, and reducing reliance on a limited number of products and markets. The strategy includes expanding the base of exporting companies, especially small and medium-sized enterprises, diversifying products, and targeting sectors such as clothing, chemicals, pharmaceuticals, and digital services. It emphasizes improving quality, fostering innovation, and utilizing e-commerce tools and the digital economy, with the goal of increasing export value from 4.7 billion dinars to 7.9 billion dinars by 2029. The implementation will involve sector-specific action plans and phased reviews to ensure the achievement of objectives and promote economic growth.

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