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JORDAN TAKES FIFTH PLACE IN 'DOING BUSINESS 2007' REPORT

Info-Prod Research (Middle East), February, 2007

According to "Jordan Times", Jordan has ranked 5th amongst countries of the Middle East and North Africa in the international report of Doing Business 2007. The International Financing Program of the World Bank said in a statement that the business climate in Jordan has improved due to the reform policy adopted by the government.

Doing Business recently held a seminar on the report with the purpose of grading priorities of economic reform. Minister of Industry and Trade Salem Khazaaleh said in an address at the seminar that Jordan takes the report's grading seriously, which transparently measures the country's success in attracting foreign investment. The report ranked Jordan 78th out of 175 countries around the world.

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