Project profile — Support to Jordan's Growth Matrix

• Jordan (100.00%)

• Monetary institutions:
Monetary institutions (24020) (25.00%)
Formal sector financial intermediaries (24030) (25.00%)
• Business support services and institutions:
Business support services and institutions (25010) (25.00%)
Business Development Services (25030) (25.00%)

• Gender equality (significant objective)

This project aims to provide technical assistance and analytics to help implement the reforms identified in the Government of Jordan's five-year Equitable Growth and Job Creation Transformation Matrix, and to provide resources to support an enhanced reform secretariat within the Government. The project works to support the Government of Jordan in implementing its Transformation Matrix to achieve: (1) sound governance and economic management; (2) increased private sector growth and competitiveness; (3) improved labor markets and social safety nets; and (4) improved efficiency and effectiveness in transportation, water, and energy sectors. The project also aims to support concrete reform initiatives such as the introduction of an e-procurement regime, new frameworks for public investment management and public-private partnership, reduced costs of doing business, and a graduation strategy for recipients of the National Assistance Fund – Jordan’s social support mechanism.

The expected outcomes for this project include: (1) enhanced effectiveness of design, coordination and implementation of the reform agenda, as well as follow up of policy reform; (2) improved efficiency and transparency of the public procurement, public investment management and public private partnership frameworks and functions; and (3) enhanced economic growth and implementation of economic reforms including safety net programs.

Results Achieved as of March 2024 include: (1) finalized 155 reports, with 90 adopted by the Government of Jordan, supporting 28 ministries and agencies. Also conducted 131 consultation sessions and 54 workshops with 2,453 participants to support 93 reforms, 19 of which benefited women; (2) registered 5,659 entities under the Procurement program, enhancing 2,422 infrastructure services. The Department of Statistics' Open Data Inventory score improved from 53.8 to 67, installing Computable General Equilibrium modelling software at the Central Bank of Jordan (CBJ), launching the CBJ Green Financing Strategy, and completing a market study for competition advocacy; and (3) achieved 98% data collection for National Aid Fund (NAF) household recertification, covering 120,000 poor households with digital payments, improving five NAF modules.

• Proactive disclosure