
Experts: The "Amended Competition Law" Protects the Market and Supports Investments - Jordan News
He added that activating the Competition Law protects consumers from policies that may be practiced by some producers or traders. He emphasized that both the Consumer Protection Law and the Competition Law aim to establish preventive measures that improve and protect consumers from monopolistic practices or market dominance. (Petra)
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Jordan Times
9 hours ago
- Jordan Times
Agricultural producer prices rise in 6 months
AMMAN — The cumulative agricultural Producer Price Index (PPI) for the first six months of this year reached 122.3 percentage points, compared with 111.3 percentage points for the same period last year, marking an increase of 10 per cent. In comparison between the first six months of the current year with the same period last year, the prices of agricultural producers of a number of crops, most notably: chili peppers, green sweet peppers and flowers. The productions relative importance constituted 65.5 per cent, and the index rate witnessed a decrease in the prices of a number of crops, most notably: potatoes and eggplants, with a relative importance of 34.5 per cent, the Jordan News Agency, Petra, reported. According to the monthly report of the Department of Statistics (DoS) released on Monday, the agricultural PPI for June of this year recorded 143.1 points compared with 137.5 points for the same month last year, an increase of 4.1 per cent. On the scale of the monthly change, the agricultural Producer Price Index (PPI) for June 2025 increased compared with the same month of 2024, mainly due to the increase in the price index of a number of crops. The most important of which are: strawberries, okra, and berries, where the relative importance of crops whose prices increased was 52.3 per cent. On the other hand, the price index of a number of crops decreased, most notably: Cherries, mushrooms, and colorful bell peppers, and the relative importance of crops whose prices fell were 47.7 per cent. The agricultural PPI for June 2025 recorded 143.1 points compared with 145.1 percentage points of the previous May of the same year, recording a decrease of 1.4 per cent. The index for the month of June 2025 was decreased with the previous month of the same year, the prices of a group of crops, whose relative importance constituted 85.5 per cent. The most important of which were molokhia, grapes, and figs, while the price index of a group of crops, the most important of which are: Zahra, Lokdnia, and green onions, increased, with a relative importance of 14.5 per cent.


Jordan Times
11 hours ago
- Jordan Times
ACC issues 22,674 certificates of origin in 7 months
AMMAN — The number of certificates of origin issued by the Amman Chamber of Commerce (ACC) for exporting goods increased by 5.1 per cent during the first seven months of the year, compared to the same period last year. According to statistical data obtained by the Jordan News Agency, Petra, the number of certificates of origin issued by the ACC during the January-July period of 2025 reached 22,674, up from 21,566 during the same period in the previous year. The data also showed a 4.4 per cent decrease in the total value of these certificates, which fell to JD763 million from JD798 million for the same period last year. Iraq topped the list of countries importing from Jordan in terms of the value of certificates of origin, with goods worth some JD349 million and 1,965 certificates issued. It was followed by Saudi Arabia with JD61 million and 5,165 certificates. Egypt came next with JD54 million and 566 certificates, followed by Syria with JD46 million and 2,462 certificates, and Switzerland with about JD44 million and 12 certificates. These five countries were among the highest in terms of both value and number of certificates. In terms of the types of products exported, foreign-origin goods (re-exported items) accounted for JD386 million. Industrial products reached JD149 million, agricultural goods JD100 million, Arab-origin products JD61 million, while the remainder covered other types of goods. A certificate of origin is a document used in international trade to certify that goods in a particular shipment were produced, manufactured, or processed in a specific country. Customs authorities use this document to determine the eligibility of goods, verify their origin and apply appropriate tariffs. ACC issues certificates of origin for Jordanian agricultural and animal products, raw natural resources, re-exported foreign goods and foreign goods purchased locally under certain conditions. The chamber also issues certificates for Jordanian industrial products upon the exporter's request, based on an original factory invoice certified by an industrial chamber and a duly authenticated original certificate of origin issued by an industrial chamber confirming that the goods are of Jordanian origin.


Jordan Times
a day ago
- Jordan Times
Cabinet approves bylaws to regulate gov't committees, evaluate public sector leaders
- New administrative structure for Public Works Ministry endorsed - Proposed changes to traffic law to speed up vehicle auctions AMMAN — The Cabinet, during a session chaired by Prime Minister Jafar Hassan on Sunday, approved a new bylaw regulating government committees for the year 2025. The decision is part of ongoing efforts to control public spending, enhance institutional performance, and improve governance across the public sector by regulating the formation and operations of committees and limiting their proliferation, according to a Prime Ministry statement. Previously, the Cabinet had tasked the Minister of State for Legal Affairs and the Minister of State for Public Sector Modernisation with conducting a comprehensive review of existing government committees, including the allowances granted to their members. Based on the review, recommendations were submitted to the Cabinet to introduce stricter oversight, limit the formation of unnecessary committees and regulate financial compensation based on clear justifications. The new bylaw establishes a framework that promotes good governance in the formation and functioning of committees within government institutions. It also stipulates that appointments must be based on merit, competence, and relevant expertise. Under the regulation, committee meetings must be held during official working hours unless the nature of the task requires otherwise. In such cases, prior approval from the relevant authority is required. No financial compensation would be granted for meetings held during regular working hours. For those conducted outside these hours, compensation is capped at JD100 per month. Such meetings must be justified by specific factors, such as the nature of the task, distance from headquarters, or the need for extended hours. The regulation also requires committees to submit periodic reports verifying their compliance with the guidelines, and members must declare any potential conflicts of interest related to their committee work. The Cabinet also approved a new bylaw for the quantitative and qualitative evaluation of top public sector leadership positions, pursuant to Article 6 of Government Leadership Regulation No. 70 of 2024. The new bylaw ensures transparency and equity in determining salaries for high-ranking positions and establishes a unified mechanism for salary structuring. The evaluation bylaw would apply to new leadership appointments after its enforcement and to existing positions when contracts are renewed or salary increases are proposed. A specialised committee would assess each position based on a range of indicators, including required skills, the size of the institution in terms of human and financial resources, and the scope of responsibilities. The final salary determination would be subject to Cabinet approval The new approach replaces the 2023 job evaluation bylaw and is part of broader reforms to enhance public sector efficiency and accountability, according to the statement. In line with its commitment to institutional reform, the Cabinet approved a new administrative structure for the Ministry of Public Works and Housing. The 2025 regulation aims to improve the Ministry's ability to carry out its legislative duties, promote transparency, and align its internal structure with the national public sector modernisation roadmap. The reform also aligns with the Ministry's 2024–2026 strategic plan, enhancing coordination, decision-making efficiency, and eliminating overlapping responsibilities between departments and directorates. The Cabinet approved a new administrative regulation for the Orphans Fund Development Foundation, which provides a clear internal structure, defines responsibilities, and streamlines coordination among the Foundation's various departments to better fulfil its legal mandate. The Cabinet also endorsed amendments to the internal regulations of the Geologists Association for 2025. These changes, approved earlier by the Association's general assembly, aim to address a growing financial deficit caused by a mismatch between membership fee revenues and the union's annual expenditures, the statement read. The Cabinet approved the reasoning behind proposed amendments to the Traffic Law for 2025, which would be submitted to the Legislation and Opinion Bureau for review. The amendments aim to reduce the legal period a vehicle must remain impounded before it can be sold at public auction, from 24 months to 12 months, allowing authorities to recover costs sooner and avoid depreciation of vehicle value. Additionally, the amendments would permit the sale of mortgaged or judicially seized vehicles, with creditor or claimant rights transferred to the value of the vehicle after sale. The measure seeks to protect the interests of vehicle owners, creditors, and the government alike. The Cabinet also accepted the resignation of director general of the Department of Lands and Survey Ahmad Amoush.