16 Hrs
وكالة عمون الاخبارية
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وكالة عمون الاخبارية

2026-11-13T06:26:28.000Z

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وكالة عمون الاخبارية

Source: وكالة عمون الاخبارية

16 Hrs
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Why Jordanian firms stall

Why Jordanian firms stall

The article argues that Jordan’s challenge is not simply to establish businesses, but to create the conditions for them to grow afterward. Businesses need suitable financing, specialized management and skills, broader markets, less cumbersome procedures, and follow-up on the impact of policies and support. Small and medium-sized enterprises account for more than 99% of companies and provide around 60% of formal jobs, yet contribute less than 30% of GDP. Meanwhile, early-stage entrepreneurial activity rose by 34%, while the share of established business owners fell from 7% to 5%. The article proposes publishing an annual index tracking companies as they grow into larger businesses and monitoring their sales, productivity, and employment over three or five years. This would allow policies to be assessed by their results rather than by the number of initiatives. The proposal is especially important as unemployment among Jordanians reached 21% in the second quarter of 2026.

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