Details of a new three-year plan for economic development were announced on Tuesday (12 September) to a meeting of the diplomatic corps in Amman.
GV INTERIOR..Royal Scientific Society, Hassan addressing audience
SV & CU Hassan at microphone
SV & CU Audience listening (8 shots)
LV Hassan at microphone
Initials ES. 1500 ES. 1510
Script is copyright Reuters Limited. All rights reserved
Background: Details of a new three-year plan for economic development were announced on Tuesday (12 September) to a meeting of the diplomatic corps in Amman.
Jordan's economy suffered greatly in recent years both from the 1967 war with Israel, when the country's richest agricultural land, the West Bank territory, was lost, and later from the results of guerrilla warfare between the Jordanian Army and armed groups of Palestinian Liberation organisations based in the country.
In July this year, it was announced that Jordan hoped to almost double her income form industry, from the present GBP23 million to GBP42 million By 975.
Already in May, Crown Prince Hassan had called for greater co-operation between public and private sectors of the economy. He said Jordan must 'face the challenge of siege and isolation enforced on us'.
The three year plan will seek to boost Jordan's economy on a wide front. It will be discussed at a four-day conference in Amman in November. Invitations to be conference have been sent to over fifty countries, including the Arab nations, the United States, Britain, France, and West Germany. The Secretary-General of the united National the President of the World Bank and the Secretary of the Common Market have also been invited.