Jordan Country Strategy 2020-2025

Plan Type: National Development Plan

Member State: Jordan

Coverage Period: -

Document Language: English

SDGs:
GOAL 4: Quality Education GOAL 7: Affordable and Clean Energy GOAL 8: Decent Work and Economic Growth GOAL 9: Industry, Innovation and Infrastructure GOAL 11: Sustainable Cities and Communities GOAL 13: Climate Action

Jordan Country Strategy 2020-2025

January 2020

The Jordan Country Strategy 2020-2025 aims to promote economic inclusion across sectors, develop sustainable municipal infrastructure and green energy, and strengthen competitiveness and resilience by diversifying access to finance and fostering innovation.

Pillars & Objectives

Pillar: Economic reforms
Objectives:
  • Promote economic inclusion across sectors
  • Increase access to finance to promote the inclusion of target groups
  • Enhance access to skills development
  • Increase access to services and economic opportunities
Pillar: Green energy and economy
Objectives:
  • Develop sustainable municipal infrastructure and green energy
  • Improve performance, service delivery and sustainability of infrastructure
  • Increase renewable energy capacity
  • Improve energy and resource efficiency, and climate resilience
  • Enhance institutional and regulatory support for sustainable energy and water use
Pillar: Business environment
Objectives:
  • Strengthen competitiveness and resilience by diversifying access to finance and fostering innovation
  • Strengthen the capacity of small and medium-sized enterprises to grow and add value through improved business standards, greater integration in regional value chains and increased innovation
  • Strengthen resilience through the development of capital market and local currency financing solutions
  • Increase the private sector's participation in the economy
  • Improve the business environment
Pillar: Green energy and economy
Objectives:
  • Support the development of a strong and sustainable energy sector through a combination of investments in the next generation of renewable energy projects and technical assistance to implement the National Electric Power Company (NEPCO) Corporate Reform Roadmap
Pillar: Business environment
Objectives:
  • Seek the expansion of sector skills councils to better align training and job opportunities, step up efforts in support of micro-businesses that can benefit both refugee populations and host communities, and enhance financial inclusion
Pillar: Economic reforms
Objectives:
  • Adopt a multidimensional approach to improving economic governance, implement the Memorandum of Understanding of the Investment Climate and Governance Initiative (ICGI), and strengthen the corporate governance of medium-sized firms
  • Support innovative and export-oriented companies that have growth potentials and integrate them into regional value chains, particularly in the service sector
  • Focus on implementing the Infrastructure Investment Programme signed between the European Bank for Reconstruction and Development (EBRD) and the Government of Jordan during the EBRD 2018 Annual Meeting, including project preparation and pipeline development
  • Promote digital public procurement capacity in the public sector prior to the expected introduction of mandatory electronic procurement by 2022