Jordan's new government sworn in after mass protests

Image
AFP Amman
Last Updated : Jun 14 2018 | 10:55 PM IST

Jordan's new government was sworn in today, after mass protests against price rises and austerity measures forced the prime minister's resignation.

The new administration led by Harvard-trained economist Omar al-Razzaz has already withdrawn the contested tax law which brought thousands of Jordanians to the streets, officials said.

The government shake-up has seen half the cabinet's 28 ministers replaced, with Foreign Minister Ayman Safadi and Interior Minister Samir al-Mabidin among those keeping their jobs.

The defence portfolio goes to Razzaz, while new ministers were appointed in the areas including finance, planning, international cooperation and regional development.

Since being asked to form a government by King Abdullah II on June 4, Razzaz said he had been engaged in talks with different parties to "reach a fair taxation system for everyone".

Cash-strapped Jordan relies heavily on foreign donors and in 2016 secured a USD 723-million loan from the International Monetary Fund.

But austerity measures tied to the loan have seen prices of basic necessities rise across the kingdom.

Jordanians protested in Amman and other cities over a proposed tax hike, with the scale of demonstrations prompting the resignation of prime minister Hani Mulki.

The public rallies were followed by a crisis meeting with Saudi Arabia, the United Arab Emirates and Kuwait, concluding on Sunday with Jordan's neighbours pledging USD 2.5 billion in aid.

The donors' rival Qatar followed up with an offer of USD 500,000 in investment and promised to create 10,000 jobs for Jordanians.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 14 2018 | 10:55 PM IST

Next Story