Jordan Looks to Lessen Debt Burden

The video discusses Jordan's economic strategies, focusing on a large budget support program to reduce public debt and boost growth. It highlights school reforms aligning with IMF and World Bank visions, aiming to improve the macroeconomy. The discussion includes debt management strategies, emphasizing the need to allocate resources for economic activities rather than debt service. A significant public budget support program with concessional interest rates is being negotiated with the World Bank. The video also covers investments from GCC countries and the impact of Egyptian gas supply on Jordan's electricity costs and business competitiveness.

What is the primary focus of the large budget support program discussed for Jordan?

• Expanding tourism infrastructure

• Enhancing agricultural exports

• Increasing military spending

• Reducing public debt through investments

What percentage of Jordan's GDP is represented by its total debt?

• 94%

• 75%

• 50%

• 100%

Why does Jordan want to allocate more resources to investment and growth?

• To improve the business environment

• To expand its territory

• To reduce its population

• To increase its military capabilities

Which countries are mentioned as significant investors in Jordan?

• United States and Canada

• China and India

• Brazil and Argentina

• Saudi Arabia and Kuwait

How does the Egyptian gas supply benefit Jordan?

• By increasing the cost of electricity

• By reducing the cost of electricity

• By increasing gas prices

• By limiting electricity production