Since 1975
  • facebook
  • twitter
  • instagram
  • Home
  • Jordan injects $705.2m into its private sector

Jordan injects $705.2m into its private sector

30 Jun 2020
Jordan has been gradually reopening different businesses in the country amid the COVID-19 pandemic. (File/AFP)
Jordan has been gradually reopening different businesses in the country amid the COVID-19 pandemic. (File/AFP)
Short Url:
Updated 30 Jun 2020
30 Jun 2020
  • The money will be used to increase liquidity among companies

Arab News

DUBAI: The Jordanian government has injected up to $705 million into the country’s private sector, which has suffered the impact of the COVID-19 pandemic.

Minister of Finance Mohammad Ississ said the money will be used to increase liquidity among companies, state news agency Petra has reported.

Ississ, who was speaking at a press conference, also talked about cracking down on tax evaders in the country and how it would help the government protect capital.

He said the country needs to ramp up tax collection to reduce burden on the citizens, especially amid the coronavirus crisis.

topics

return to top