His Majesty King Abdullah on Tuesday urged further cooperation between the private and public sectors to meet various economic challenges facing the country.

At a meeting with ministers, top officials and prominent local businessmen held at the Royal Court, the King called for stronger partnership between the two sectors, stressing the need to build on the economic reforms realized over the past years and to enhance an investment-friendly climate in the country.

Deputy Prime Minister and Minister of Finance Ziyad Fariz outlined steps the government plans to simplify procedures for local and foreign investors, stressing that the government is open to ideas and suggestions from the private sector.

In his presentation, Director of the Economic Division at the Royal Court Maher Matalqa outlined economic priorities that should be handled to create a better investment climate in the country.

Businessmen took turn to present the meeting with problems they are facing in establishing and running their businesses.

The Jordan Times