Jordan ranks second among Arab countries in 2015 Economic Freedom report

Jordan ranked second among Arab countries in the 2015 Economic Freedoms annual report issued recently by the Canada-based Fraser Institute .

The new ranking reflects Jordan's determination to achieve prosperity, create job opportunities for Jordanians, combat poverty and enhance democracy and freedoms.

Director of Policies and Strategies at the Ministry of Planning and International Cooperation Mikhlid Al Omari told Petra that the rise in government expenditure and well as projects and investments, show that the government was able to meet the needs of infrastructure as well as projects that serve citizens despite crises facing a number of countries mentioned in the report.

In preparing the report, the institute depended on 37 main indexes in main fields such as the government size, legal structures, securing investors’ rights, ease of receiving loans, international trade freedom, work organisation and banking policy.