
As the deadline for military service registration approaches, it is imperative for all eligible males to fulfill this mandatory requirement in a timely and responsible manner. By registering for military service, individuals are taking a proactive step towards fulfilling their civic duty and contributing to the defense and security of their country. It is a demonstration of patriotism, valor, and dedication to the greater good, reflecting the ideals and principles upon which the nation was founded.
Eddid Financial Collaborates Again With SOAS For 10Th Anniversary International Bursary To Support Global EducationAs the "Spring Dawn Plan" continues to gain momentum, it is expected to have a transformative impact on the way businesses operate and consumers shop. By empowering companies to cut costs, increase efficiency, and build stronger relationships with their customers, the plan is laying the foundation for a more resilient and competitive economy. With its focus on innovation, collaboration, and sustainable growth, the plan is poised to shape the future of the new economy and drive positive change for businesses and communities alike.
In response to the environmental violations that have been alleged, Country Garden has emphasized its commitment to sustainable development and environmental stewardship. The company has stated that it will continue to implement measures to minimize its environmental impact, protect natural resources, and promote eco-friendly practices in its projects. Country Garden has also pledged to cooperate with environmental regulators and conservation organizations to address any violations and enhance its environmental performance.
The proposed exemption of the land value tax on the sale of ordinary residential properties is aimed at providing relief to homeowners and encouraging transactions in the real estate market. If the proposal is approved, homeowners selling their primary residences in Henan Province would no longer be required to pay the land value tax, thus potentially increasing their profits from the sale and making it easier for them to move on to new living arrangements.
CM Naidu Confident of Returning for Fifth TermIn the volatile world of stock markets, one thing remains certain - the power of innovation and forward-thinking policies to drive the resurgence of growth stocks. The recent surge in post-market trading activity has sent a clear signal to investors: the future belongs to companies at the forefront of technological innovation.
In a recent escalation of tensions in the Middle East, several locations in Syria have been targeted in a series of airstrikes carried out by Israel. The strikes, which reportedly targeted various military sites, have once again raised concerns about the volatile situation in the region and the potential for further conflict.In addition to its drought-resistant properties, the "lifesaving straw" rice also boasts nutritional benefits that may appeal to consumers looking for healthier alternatives. With an increasing focus on food safety and sustainability, the potential for this new rice variety to become a sought-after ingredient in the food industry cannot be overlooked. As consumer preferences evolve and demand for nutritious, environmentally friendly products grows, the market for corn products may face competition from this emerging rice variety.
Space-tech funding fall of cliff in 2024, industry expects recoveryFirst-ever baby conceived using technology that matures eggs outside body born in Peru
Looking ahead, the impact of the "Spring Dawn Plan" and "Factory Direct Sales" is poised to reshape the landscape of e-commerce and redefine the way businesses operate in the digital era. By empowering merchants with the tools, support, and resources they need to thrive, this initiative is set to drive innovation, growth, and success in the industry. As more businesses embrace this transformative model, the future of online commerce looks brighter and more promising than ever before.( MENAFN - Jordan Times) Dr. Jafar Hassan's Cabinet has inherited a heavy financial burden represented by the public debt crisis. Today, the Jordanian Economy is at a critical turning point, with public debt reaching approximately JD42 billion, according to reports from the Ministry of Finance. At the same time, the government aims to boost economic growth and increase job opportunities, in line with the Economic Modernisation Vision (EMV). This phase presents a significant challenge to transition the economy from slow growth to a sustainable growth model. The rising public debt is one of the biggest challenges facing Jordan's economy for several reasons. A large portion of government revenues is allocated to servicing the debt and limiting the ability to finance high-impact development projects. In 2024, the interest on public debt exceeded JD2.9 billion, inherited from the previous government. This reduced spending on education, healthcare, infrastructure, and most initiatives of the EMV. The government is fully aware of reality, and is consequently working on improving public financial management and increasing local revenues within a tight fiscal space. In addition to expanding economic activities and increasing total revenues, there are two key indicators to assess performance in ensuring public debt sustainability. First, the economic growth rate should be greater than the growth rate of public debt, and secondly the nominal growth of GDP should exceed the nominal interest rate on borrowing. Therefore, the focus should be on strategies to increase revenues, boost GDP growth to outpace the growth of debt, and secure borrowing at the lowest possible interest rates. To address these challenges, the government announced a series of reforms to enhance revenue collection and increase the contribution of productive sectors to the economy. These reforms include tax settlements, customs fees, exemptions for real estate registration and vehicle licensing, and some exemptions on service exports. International organisations, such as the World Bank, project that Jordan's economy will grow by 2.5 per cent in 2025, supported by structural reforms and improvements in the business environment. These expectations are driven by new investment projects, with approximately JD1.6 billion allocated in next year's budget to sectors like renewable energy and technology. Tourism and industry remain key pillars for stimulating economic growth under the EMV, which the government is keen to implement effectively. By investing in technology and renewable energy, Jordan can diversify its income sources and increase these sectors' contribution to GDP. The government also plans to gradually reduce the budget deficit from 5.4 per cent of GDP in 2024 to about 4.8 per cent in 2025. However, success depends on Jordan's ability to implement effective reform policies to tackle deep-rooted challenges such as unemployment, which remains high at 21.4 per cent. To achieve financial sustainability, Jordan must adopt long-term strategies to enhance productivity and diversify the economy. These strategies include boosting exports, developing manufacturing industries, and focusing on innovation and technology. The government and private sector must work together to create a stable and sustainable economic environment that ensures citizens' well-being and economic performance. While public debt poses a significant challenge, ongoing reforms and the potential of local sectors offer hope for sustainable economic transformation. Jordan has long-term strategies under the EMV that focus on increasing productivity, attracting investments, and developing vital sectors such as tourism and industry. Success in achieving this transformation requires joint efforts between the government and private sector to build a resilient economy that ensures financial sustainability and lasting prosperity for Jordanians. Raad Mahmoud Al-Tal is the current chairman of the Economics Department at the University of Jordan. He holds a PhD in economics from the University of Aberdeen in the United Kingdom and specializes in macroeconomic and monetary economics and economic modeling. MENAFN21122024000028011005ID1109019817 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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