Land and Survey Department Launches GIS Application - Jordan News
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5 hours ago
- Jordan News
Sudanese Prime Minister Appoints 5 New Ministers in 'Government of Hope' - Jordan News
Sudanese Prime Minister Appoints 5 New Ministers in 'Government of Hope' Late Sunday evening, Sudanese Prime Minister Kamil Idris issued a decree appointing five new ministers to his administration, known as the 'Government of Hope,' bringing the total number of appointed ministers to 20 out of a planned 22. اضافة اعلان According to the Sudan News Agency (SUNA), Idris also appointed three Ministers of State alongside the new cabinet members. The appointments include: Lamia Abdel Ghafar Khalafallah as Minister of Cabinet Affairs Al-Mu'tasim Ibrahim Ahmed as Minister of Energy Ahmed Al-Dardiri Ghandour as Minister of Digital Transformation and Communications Al-Tuhami Al-Zain Hagar as Minister of Education and National Instruction Ahmed Adam Ahmed as Minister of Youth and Sports Additionally, Idris named three Ministers of State: Ambassador Omar Mohamed Ahmed Siddiq, Minister of State for Foreign Affairs and International Cooperation Mohamed Nour Abdel Daim Abdel Rahim, Minister of State for Finance Salima Ishaq Mohamed, Minister of State for Human Resources and Social Welfare These appointments complete a key phase in forming the Government of Hope, whose outline Idris first revealed on June 19. The new government is set to comprise 22 ministries. The cabinet formation has been gradual. On June 3, Idris appointed ministers for Agriculture and Irrigation, Higher Education and Scientific Research, and Health. On June 24, he appointed Babiker Samra Mustafa as Minister of Interior and Hassan Dawood Kabroon as Minister of Defense—both of whom were sworn in before Sovereign Council President Abdel Fattah al-Burhan on June 28. On July 11, Idris announced the appointment of five additional ministers covering the portfolios of Finance, Justice, Federal Governance, Industry and Trade, and Religious Affairs and Endowments. Later in July, five more ministers were named to head the ministries of Livestock and Fisheries, Culture, Media and Tourism, Mining, Human Resources and Social Welfare, and Infrastructure and Transportation. On June 1, Idris announced the dissolution of the previous government and his intention to form a new one. By June 19, he unveiled the vision for the 'Government of Hope,' set to include 22 ministries. Idris was sworn in as Prime Minister on May 31 before al-Burhan, following a constitutional decree appointing him on May 19. A seasoned politician, Idris holds a PhD in international law from the Graduate Institute of International and Development Studies in Geneva, Switzerland, and was a presidential candidate in 2010. For years, Sudanese ministries have been managed by a mix of acting ministers and officials appointed during the civilian-military partnership period that began in 2021. Sudan has been engulfed in a bloody conflict since April 15, 2023, between the army, led by al-Burhan, and the Rapid Support Forces (RSF), led by Mohamed Hamdan Dagalo 'Hemedti.' The war has killed more than 20,000 people and displaced around 15 million, according to UN and local authorities. A study by U.S. universities estimates the death toll at approximately 130,000. — (Anadolu)
Jordan News
9 hours ago
- Jordan News
Jordan's Central Bank Governor Projects Over 4% Medium-Term Economic Growth - Jordan News
Governor of the Central Bank of Jordan, Dr. Adel Al-Sharkas, affirmed that the national economy continues to grow steadily despite regional geopolitical challenges, thanks to a comprehensive economic modernization vision that redefined Jordan's approach to reform. اضافة اعلان Speaking during a policy dialogue organized by the Jordan Strategy Forum titled "Reform, Stability, Resilience: The Economic Trinity in a Changing World", Al-Sharkas emphasized the transition from reactive, short-term policy approaches to a proactive and integrated strategy aimed at enhancing economic resilience and sustainability. Key Highlights: Growth Outlook: The Central Bank estimates real GDP growth at 2.7% for 2025, with projections exceeding 4% by 2028, driven by large-scale infrastructure projects tied to the Economic Modernization Vision. Macroeconomic Resilience: Jordan's economy is backed by a robust monetary and fiscal framework, institutional strength, and a sound banking sector. These fundamentals have garnered growing international investor confidence, reflected in the declining yields of Jordan's Eurobonds in secondary markets. Growth Performance (2021–2024): The average growth rate stood at 2.9%, the highest since 2010, attributed to improvements in productivity, technological adoption, and human capital development. Investment contributed 40% to this growth, while the external sector accounted for 38%. Export & Energy Performance: National exports reached new markets, with non-traditional exports contributing 20.9% of GDP in 2024, up from 16.2% in 2016. Meanwhile, energy import costs dropped to 7% of GDP, down from a third in 2012, due to diversified energy sources and long-term gas agreements. Tourism and FDI: Despite a slight dip in June due to regional tensions, tourism revenues rose 11.9% in H1 2025, reaching $3.7 billion, with expectations to hit $7.7 billion by year's end. FDI inflows amounted to $1.6 billion (3.1% of GDP) in 2024, and remittances from Jordanians abroad rose to $3.6 billion, projected to reach $3.7 billion in 2025. Monetary Stability: Inflation was kept around 2% in H1 2025. The Jordanian dinar remains strong, supported by $22 billion in foreign reserves, covering 8.4 months of imports. The banking sector continues to expand credit facilities, with loans rising to JOD 35.3 billion in May 2025 and total deposits hitting JOD 47.7 billion. Financial Inclusion & Digital Payments: The Central Bank increased financial inclusion to 43.1% by 2022 and aims for 65% by 2028, while closing the gender gap from 53% to 22%. Digital transactions grew significantly, with over 537 million transactions totaling JOD 55.3 billion in 2024—equivalent to 146% of GDP. Fiscal Outlook: The government aims to reduce the primary deficit to 2% of GDP by 2025, targeting a primary surplus by 2027. The public debt-to-GDP ratio is expected to fall below 80% by 2028. Forward-Looking Plans: Preparations are underway for the 2026–2029 Executive Program of the Economic Modernization Vision, with new initiatives focusing on digitization, fintech, innovation, and expanded financial inclusion. Sectoral Collaboration & Private Dialogue Jordan Strategy Forum Chair Sharif Fares Sharaf emphasized the need for resilient policies amid global instability, while Executive Director Nisreen Barakat reaffirmed the Forum's role in facilitating evidence-based policy discussions. The session also featured input from Nadia Al-Saeed, who stressed the importance of regulatory clarity and effective banking oversight. Topics discussed included virtual asset legislation, SME support, and public-private partnerships in navigating economic uncertainties. Governor Al-Sharkas concluded with a direct Q&A session, addressing key economic concerns raised by forum participants and reaffirming the Central Bank's commitment to sustainable and inclusive growth.
Jordan News
9 hours ago
- Jordan News
Al-Khalaileh: Actuarial Study on the Financial Position of the SSC in Final Stages - Jordan News
Acting Director General of the Social Security Corporation (SSC), Dr. Jadallah Al-Khalaileh, confirmed that the actuarial study regarding the corporation's financial position is in its final stages, noting that the figures have not yet been finalized. A comprehensive review of the data and assumptions on which the study is based is currently underway, and the results will be announced with full transparency and clarity once completed. اضافة اعلان Regarding potential amendments to the Social Security Law, Al-Khalaileh clarified that any future proposals to amend the current law will depend on the outcome of the actuarial study, which is still pending. Should the study reveal a need for modifications, the corporation will move forward with those changes through an inclusive national dialogue involving all relevant institutions. Al-Khalaileh emphasized that any future adjustments would aim to preserve the strength and stability of the Social Security Corporation and its financial position, enabling it to fulfill its humanitarian mission. The SSC is an essential pillar of the Kingdom's social and economic protection system. He also stressed the importance of obtaining all information, figures, and data related to the SSC through its official channels, affirming the corporation's openness to cooperation with all national institutions and media outlets. Al-Khalaileh concluded by reaffirming that the overarching goal is to ensure the long-term financial and actuarial sustainability of the Social Security Corporation so that it remains a major insurance umbrella that protects the rights of contributors, in line with its social mission and for the benefit of current and future generations.
