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  • 07-04-19

    Jordan seeks 5 percent economic growth

    (MENAFN) Jordanian Prime Minister Omar Razzaz confirmed the Kingdom to be seeking to achieve 5 percent in its economic growth through investment in domestic export-oriented sectors.

    This economic goal, the Jordanian prime minister continued, might be reached as a result of rebuilding carried out in neighboring countries as well as the reduction of public debt in energy diversification.

    Prime Minister Razzaz also highlighted a project between Jordan and Iraq to establish an oil pipeline and increase renewable energy sources, saying that "our relationship with Iraq is at an all-time high."

    "We see eye to eye with government, this is a win-win relationship on all fronts, mainly economic but also with the security coordination," the prime minister stated.

    Razzaz added "Iraq did a great job in defeating ISIS. On the economic front whether it's in trade, connecting our electricity grids, the oil pipeline and other sectors where Jordan can provide a lot of know-how ... there is a lot of progress that can be made."

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