Middle East Economic Survey

VOL. XLIX

No 7

13-February-2006

JORDAN

Privatization Of JPMC Still At Preliminary Phase

The Jordanian Prime Minister Ma'ruf Bakhit has said negotiations for the sale of 40% of the governments stake in the Jordan Phosphate Mines Company (JPMC) are still at a preliminary phase. During a meeting of the lower house of parliament, Mr Bakhit reiterated Jordans commitment to privatization which he said was a strategic decision taken in line with the IMF-backed government reform...