Jordan Ahli Bank recently sponsored the first in a series of economic conferences organized by the Jordan Society for Scientific Research (JSSR), held under the heading ‘Jordan’s Economy in a Changing world’. The event, which was patronized by Minister of Industry, Trade and Supply Hatem Halawani, brought together various officials and economists to discuss possible solutions to Jordan’s persistent national budget deficit.
Jordan Ahli Bank chose to participate as part of its continued efforts to actively contribute toward finding viable solutions to Jordan’s economic realities by identifying challenges and proposing appropriate policies to guarantee a more optimistic future.
The bank’s management emphasized the important role played by the Kingdom’s banking sector when it comes to long-term economic development, underscoring the bank’s commitment to supporting any evidence-based approaches that will help reinforce this role and deliver measurable, sustainable benefits to the economy.
The one-day conference was divided into four main clusters: Jordan’s budget and national debt; Jordan’s money and currency trade; knowledge-based economic development; and promoting Jordan’s business sectors. A good number of research papers were presented, raising a variety of essential topics.
The conference’s participants came out with a number of integral recommendations that could revitalize the local economy and address many of its weaknesses.