JEDCO to facilitate loan repayments to its development fund July 13, 2020

AMMAN — The Jordan Enterprise Development Corporation (JEDCO) will be taking new measures to facilitate the repayment of loans given by its Governorates Development Fund.

Bashar Zoubi, CEO of JEDCO, said in a press release that these measures are done to extend the loans’ grace periods to one-and-a-half years instead of one year as well as to increase overall repayment periods to 10 years instead of seven years.

He"...

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3rd phase of cash assistance to daily wage workers to begin Monday — NAF- July 13, 2020

AMMAN — The National Aid Fund (NAF) is scheduled to start distributing the third and final batch of the first phase of Takaful 2' programme, designated to support the families of daily wage workers, on Monday, NAF Director General Omar Mashagbeh said on Sunday.

The total cost of the third batch stands at JD27 million, whereas the cost of the entire first phase totals JD83 million, of which JD73 million was paid through the Himmat Watan Fund"...

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Real estate trading declines by 44% to the end of June July 13, 2020

Amman, July 12 (Petra)- Real estate trading declined during the first half of 2020 to JD1.125 billion, according to a report issued by the Department of Lands and Survey (DLS) on Sunday.

The reduction caused an 56 per cent drop in the first half's revenues, which fell to JD46 million, showed the DLS report.

On the monthly level, the volume of trading in the real estate market in June reached approximately JD291 million, an increase of 8%, compared to the same month in 2019.

According"...

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Jordan’s consumer price index rises by 0.90% in 1st half 2020 July 13, 2020

Amman, July 12 (Petra) - Jordan Consumer Price Index (CPI), a measurement of inflation, rose during the 1st half of 2020 by 0.090 percent, hitting 101.18 points, compared to 100.28, for the same period last year, according to the Department of Statistics (DoS).

The DoS on Sunday, in its monthly report, said the CPI for June, 2020, decreased by 0.61 percent, to 100.151 points, compared to 101.13 for the same month last year.

On a monthly level, the benchmark consumer index prices for May, 2020 rose"...

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Social protection programs reach million families

Amman, July 8 (Petra) -- The number of families benefiting from the social protection programs of the National Aid Fund (NAF), the Social Security Corporation and the Central Bank of Jordan (CBJ) is a tad shy of a million, the Minister of State for Media Affairs Amjad Adaileh said Wednesday.

In a briefing at the Prime Ministry, Adaileh told journalists that the third tranche will be distributed to the beneficiaries of the Daily-Wage Earners program next week, which supports 250,000 families, at an estimate cost"...

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Jordan’s consumer price index rises by 0.90% in 1st half 2020
July 13, 2020

Amman, July 12 (Petra) - Jordan Consumer Price Index (CPI), a measurement of inflation, rose during the 1st half of 2020 by 0.090 percent, hitting 101.18 points, compared to 100.28, for the same period last year, according to the"...

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Jordan’s oil bill drops by %30.8 in Q1 of 2020
July 13, 2020

Amman, July 12 (Petra) -- Jordan’s oil imports went down by 30.8 percent to JD531 million in the first 4 months of 2020, compared to JD767 million in the same period of last year, official data showed Sunday.

According"...

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Jordan’s anti-virus measures prove ‘successful’ — JSF-
July 13, 2020

AMMAN — The Kingdom’s “successful” anti-virus measures have resulted in minimising the number of coronavirus cases, according to the Jordan Strategy Forum (JSF).

Jordan"...

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