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Private sector key to job creation, says former minister

By : JD News Desk


Jordan Daily – During the opening of the 25th Jordan Economic Conference, former Industry and Trade Minister Mohammad Al-Halaiqa , urged governments to integrate the private sector into decision-making and economic legislation , stressing the need to move beyond regulatory frameworks and actively foster public-private partnerships.

Halaiqa highlighted the public sector’s current inability to generate jobs at a rate that keeps pace with educational output, calling for a renewed focus on leveraging the private sector’s role in driving economic development.

He also called for stimulating investment in financial markets by offering tax incentives for IPOs and mergers, a step he said would boost activity in the capital market. This, he added, would positively impact companies’ performance, enabling them to expand production and create more jobs.

 

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