One of the tools is increasing spending, but not at the expense of increasing public debt. The optimal way is to launch major, medium, and even small projects, but this must be accompanied by granting flexible facilities, tangibly removing bureaucracy, and striking an iron fist against anyone who hinders or contributes to hindering people's movement, intentionally or unintentionally.
Stimulating the economy in Jordan's case means increasing self-productivity and generating self-income that feeds into the gross domestic product, which the larger it grows, the larger the cake becomes, and the more its sweets include the largest possible number of citizens in various fields.
We have said and repeat that the most important pillars of economic stimulation are supporting industry to increase exports, unleashing tourism to increase tourism income, revitalizing the real estate market, and raising the pace of services.
The most important question is: How do we increase investment inflows from both inside and outside? This is an integrated package that must work together, in balance and without restrictions.
The government intervened by launching projects whose fruits will take time to accelerate growth, and from here we can understand Prime Minister Jafar Hassan's insistence on starting work on projects immediately, without delay, disruption, or excuses between: "This is necessary and this is not necessary," "This is permissible and this is not permissible," and "This goes through and this does not go through."
The easy and direct path that comes to mind is increasing public spending, which creates jobs, raises incomes, and improves the standard of living. The writer of this column is not worried about public debt provided that its funds go towards production, income generation, and creating new assets.
Alongside this financial stimulus approach, there are administrative procedures that require effort, follow-up, and new ideas, represented by administrative reform, raising the level of efficiency in public administration, increasing productivity, improving the investment climate, attracting investors, and reducing bureaucracy.
Stimulating economic growth requires sacrifices, and there is, in reality, nothing we can lose.
