The financing will support Jordan to set the foundations for higher growth, and is structured under three pillars:
Pillar 1 supports measures that improve the competitiveness and ‘ability to export’ of Jordanian businesses.
Pillar 2 supports the Government’s efforts to foster a more flexible and inclusive labor market and develop a more effective social safety net.
Pillar 3 supports fiscal sustainability through revenue mobilization, more efficient public investments and tracking of fiscal risks. This includes support to the Government’s fiscal consolidation efforts through enhanced domestic revenue mobilization by reducing exemptions and preferential rates.
HASHEMITE KINGDOM OF JORDAN
Ministry of Planning and International Cooperation
Director, Ministry of Planning
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