Jordanian PM speaks on economy

Amman, Prime Minister Omar Razzaz on Sunday delivered a lecture at the University of Jordan focusing on domestic issues and the government's priorities for the next stage.

The discussion figured high on current fiscal and economic conditions and tax reform efforts, particularly a draft income tax law the government has yet to send to the parliament. He indicated that the proposed bill target tax evasion and dodging and well-off individuals and businesses.

Razzaz said investments are the key to economic growth because they generate jobs and rejuvenate economy activity across the board. He spoke of a government plan to set up a public shareholding company to encourage investments nationwide.

Source: Saudi Press Agency