Jordan Infuses Millions Into Its Private Sector

To rescue the country’s economy which has suffered the impact of the COVID-19 pandemic, Jordanian government has injected up to $705 million into the country’s private sector, reports Arab News

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.

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