Tabbaa: JBA Keen to Bolster Private Sector, Turn Kingdom to Investment Hub

Amman: The Jordanian Businessmen Association (JBA) groups in its membership leading business people of key economic sectors with high added value to the national economy, President Hamdi Al-Tabbaa said on Saturday. "The JBA aspires to boost cooperation with the private sector to gradually improve economic growth this year, and move forward in implementing the economic modernization vision," he told the annual meeting of the association.

According to Jordan News Agency, Tabbaa emphasized the importance of improving the business environment and enhancing the national economy's ability to attract and stimulate investments. He expressed a vision to transform Jordan into a regional hub for investment and development projects. Tabbaa also highlighted the necessity of upgrading infrastructure and keeping pace with global advancements and competitiveness in the information technology sector.

He praised the Kingdom's monetary policies and fiscal prudence, which have helped build a strong foreign currency reserve, attract global capital, achieve economic stability, and raise credit ratings by international agencies.