Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Uncategorized

Jordan expects JD213.101m for Karak development between 2016 – 2018: Fakhoury

byCustoms Today Report
02/09/2015
in Uncategorized
Share on FacebookShare on Twitter

AMMAN: Public expenditure on the Karak Governorate development programme between 2016 and 2018 is expected to stand at around JD213.101 million, Planning and International Cooperation Minister Imad Fakhoury said Monday.

At a meeting with representatives of various sectors in the governorate, some 140km south of Amman, Fakhoury said the estimated cost of development projects for 2016 is JD66.746 million, while it stands at JD68.763 million for 2017, and JD77.592 million for 2018, according to a ministry statement. Stressing that the development programme should take the challenges facing the governorate into consideration, the minister said these problems include having three poverty pockets in the governorate — Ghour Al Safi, Mujib and Ghour Al Mazraa districts — in addition to having a high rate of unemployment which stands at 12.6 per cent in Karak compared with 11.9 per cent nationwide.

You might also like

Pakistan to get $3b loan from Islamic Trade Financing Corporation

20/10/2024

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

10/09/2024

Fakhoury also highlighted the government’s commitment to adopting the outcomes of the 2016-2018 Karak development programme. As a southern governorate affected by the Syrian refugee influx, Fakhoury said around $3.57 million in funds has been approved in the Jordan Response Plan for projects in Karak, adding the ministry is still contacting the international community to urge donors to contribute further to alleviate the refugee burden. To benefit from investment opportunities in Karak, according to the investment map for the southern governorates, he said the government will cooperate with funds and microfinance institutions to direct their funding towards these potential investments.

The ministry will also work with the Jordan Investment Commission to promote these opportunities and draw in investors, Fakhoury said, highlighting plans to raise young people’s awareness of microfinance institutions and means to obtain funding from them. Also speaking at the meeting — which brought together lawmakers, local community leaders and representatives of the youth, women’s and private sectors — Karak Governor Abdullah Al Khattab stressed the need to focus on economic development first and foremost, since it is the way to establish a modern state. He noted that comprehensive development can only be achieved with the participation of all components of society.

Related Stories

Pakistan to get $3b loan from Islamic Trade Financing Corporation

byCT Report
20/10/2024

ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

byCT Report
10/09/2024

LAHORE:  Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...

ICCI and CDA to join hands for tree plantation drive in Capital

byQaisar Mansoor
09/08/2023

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...

Customs Officials Yawar Abbas & Tariq Mehmood kidnapped in Karachi

byCT Report
08/07/2023

KARACHI: Customs Intelligence Officer Yawar Abbas and Customs Preventive Officer Tariq Mehmood who were working against smuggling were kidnapped by...

Next Post

Irish Life continues to grow business in Q2

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.