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Fahed Fanek
By Fahed Fanek - Sep 07,2014
During the first six months of this year, the government debt rose by JD995 million.
By Fahed Fanek - Aug 31,2014
The government made good on its plan to shift its borrowing machine from local banks in Jordanian dinars to foreign lenders in US dollars. Three justifications were offered: avoid crowding out the private sector in obtaining credit from banks; reducing cost of interest; feeding
By Fahed Fanek - Aug 24,2014
This is not the first time the Gaza Strip is destroyed by an Israeli aggression.
By Fahed Fanek - Aug 17,2014
External debt in foreign exchange is the opposite of the Central Bank reserve in foreign exchange. If the rising reserve is welcome and a reason for confidence in the financial position of the country, the rising foreign debt is unwanted and a reason to worry. In this respect,
By Fahed Fanek - Aug 10,2014
The economics of tourism deserves more research to shed light on this vital sector, to help decision makers take the right action. Available data indicate that Jordan’s net receipts from incoming tourism this year are estimated to reach JD3.1 billion, while Jordanians trav
By Fahed Fanek - Aug 03,2014
This year, remittances of Jordanian expatriates are expected to top JD2.62 billion, while at the same time tourism receipts may reach JD3.2 billion.  These two sources of foreign exchange are responsible for supporting Jordan’s balance of payments with up to JD5.82 bi
By Fahed Fanek - Jul 27,2014
Jordan’s industrial sector is in deep trouble. It is in a retreat mode, producing less and selling at lower prices.
By Fahed Fanek - Jul 20,2014
Two years have passed since the cash subsidy system for oil derivatives was applied. Perhaps it is high time to put an end to it. After all, cash subsidies are the exception, they are not permanent.
By Fahed Fanek - Jul 13,2014
A plan, or vision, for Jordan in 2025 is now under discussion. The Ministry of Planning prepared the roadmap for the process of formulating the plan.
By Fahed Fanek - Jul 06,2014
Believe it or not, the Egyptian government’s expenditure on subsidising fuel and electricity is 10 times what it spends on health.  This, of course, is an extreme state of affairs but it can be found at various degrees among many Third World countries, which devote som

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