Categories: Economy

Investing in Human Capital: Jordan’s Latest Programs Boost Resilience and Drive Growth

The World Bank Group has recently approved two new programs in Jordan, aimed at strengthening human capital through investments in education, health, and social assistance. These programs, totaling US$700 million, seek to enhance the resilience of Jordanian households to shocks and drive sustainable and inclusive growth.

Jordan has been praised for its resilience to regional volatility in recent years, but external shocks have affected economic growth, job creation, and the ability to address social and economic challenges. With a majority of Jordan’s population under the age of 30, there is a significant opportunity to leverage the demographic dividend for development and growth. However, gaps in access to education, particularly in early childhood, remain, and increased investment is needed to improve the quality of education and expand technical and vocational training for future job opportunities.

The programs aim to support governance and effectiveness in social sectors, enhance resilience, improve education, and prepare youth for the labor market. The initiatives focus on strengthening education, health, and social assistance sectors, improving transition from school to work

Samantha Johnson

As a seasoned content writer at newsated.com, I craft engaging stories that captivate readers and spark thought-provoking discussions. With a keen eye for detail and a passion for storytelling, I strive to deliver informative and intriguing articles on a wide range of topics. Embracing the power of words, I aim to inspire and inform, weaving narratives that resonate with our diverse audience. Stay tuned for fresh perspectives and compelling content brought to you by yours truly, Samantha Johnson.

Share
Published by
Samantha Johnson

Recent Posts

The Search for a Neptune-sized Planet in Our Solar System’s Oort Cloud: A Mysterious and Intriguing Prospect

In the vast expanse of our solar system, there is a possibility that an undiscovered…

12 mins ago

WBC Strips Boxer Ryan Garcia of Privileges after Racist Remarks and Substance Abuse Issues

Ryan Garcia has been expelled from any activity for the WBC after making racist remarks…

1 hour ago

Storm-Ready Businesses Gear Up for Tropical Storm Beryl’s Potential Impact on Texas Coastal Communities

Tropical Storm Beryl is heading towards the Texas coast, and businesses along Galveston Bay are…

1 hour ago

Wimbledon Begins: A Fashion Show with Athletes and Celebrities

The prestigious Grand Slam tennis tournament, Wimbledon, has officially begun and will run until July…

1 hour ago

Will Chad Kelly Make a Return to Toronto Argonauts? Amidst Misconduct Allegations and Injury

The Toronto Argonauts continue to struggle without starting quarterback Chad Kelly, who remains suspended from…

1 hour ago