AGP Executive Report
Last update: 2 hours agoLocal Administration Reform: Jordan’s Lower House approved the 2026 Local Administration Bill, including changes to how municipal councils can be dissolved and the creation of governorate councils with legal and financial independence, with women and youth representation requirements built in. Energy & Utilities: JEPCO reported major progress on smart-meter rollout, installing about 1.56 million meters (95% completion) and cutting electricity losses to 11.38%, alongside higher revenue from government and semi-government entities. Remittances: Central Bank data shows inward worker remittances rose 14.3% in H1 2026 to nearly $2.5bn, with the UAE, US, and Saudi Arabia leading sources. Humanitarian Funding: UN data shows humanitarian funding to Jordan fell about 92% since 2016, leaving the Jordan Response Plan at just 2.2% coverage of estimated needs. Jordan–China Business: King Abdullah met Trip.com in Shanghai to push smarter destination marketing and boost Chinese tourist arrivals, while Jordan–China cooperation is also expanding into education and science. Youth & Innovation: The Arab Youth Center opened in Jordan with a focus on leadership, entrepreneurship, tech and incubation, and Orange Jordan backed a national sumo robotics championship. Regional Finance/Trade Context: Oil and markets reacted to the Iran ceasefire expiry and renewed Hormuz tensions, with shipping and airline disruptions continuing across the Gulf.
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