Cabinet Approves Key Regulations and Agreements for Economic Growth and International Cooperation.

Amman: The Cabinet has approved a series of important regulations and agreements aimed at enhancing public market organization, streamlining business operations, and fostering international cooperation. The initiatives are expected to have a significant impact on economic growth and governance. According to Jordan News Agency, the Cabinet ratified the Public Markets Regulation and Monitoring within Greater Amman Municipality (GAM) for 2024. This regulation empowers GAM to designate, establish, manage, and oversee public markets, regulating the types of goods permitted for sale. It aims to curb unauthorized street vending outside designated markets and ensure economic activities posing health and safety risks are confined to specific markets under strict oversight. Additionally, the Cabinet approved the Hot Beverages Preparation and Sales Licensing Regulation for 2024. This regulation seeks to streamline the licensing of businesses involved in preparing and selling hot beverages, ensuring compliance with hea lth and safety standards, preventing sidewalk encroachments, mitigating traffic congestion, and safeguarding workers and customers. It outlines specific licensing conditions, technical standards, and safety measures for these establishments. In a significant move, the Cabinet approved the Energy and Minerals Regulatory Commission's (EMRC) decision to grant Saraya Mining Company rights to mine volcanic tuff in Al-Mafraq Governorate. Covering an area of 270 dunums of state land, this decision is part of the government's efforts to promote investment in the mining sector, which is seen as a promising industry within the country's economic modernization vision. The initiative is expected to stimulate economic growth and create job opportunities, particularly in the governorates. During the meeting, chaired by Prime Minister Jaafar Hassan, the Cabinet also approved tax settlements for 46 companies and individuals. These settlements align with recent government directives to stimulate economic activities and supp ort investment, aiming to boost tax compliance and revenue collection, ultimately contributing to the state budget and enhancing governmental service delivery. Moreover, the Cabinet approved several Memoranda of Understanding (MoUs) to strengthen bilateral cooperation in various fields. This includes an MoU between Jordan's Ministry of Social Development and Qatar's Regulatory Authority for Charitable Activities, aimed at exchanging expertise and best practices in charitable initiatives. Another MoU with Japan focuses on enhancing technical collaboration and capacity-building in cybersecurity, while an MoU with Norway addresses climate cooperation to reduce carbon emissions and greenhouse gases. The Cabinet also approved the Performance Management and Evaluation Guidelines for 2024 as part of public sector modernization efforts. These guidelines, applicable to all public sector employees, link individual performance with institutional objectives and use "performance agreements" to set clear targets. Results from these evaluations will inform decisions related to training, promotions, and career development. Lastly, Hanadi Tayeb has been appointed as the new Director General of the Jordan Post Company, marking a new leadership phase for the organization.