Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, June 4, 2018 10:54:04 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Price hikes, tax bill

Jordan PM resigns amid mass protests

By
05th-Jun-2018       
Comments
Share your thought
Post a comment »
Read all () »

Al Jazeera News :
Jordan's King Abdullah II has accepted the resignation of Prime Minister Hani al-Mulki, the country's royal palace has said.
Mulki submitted his resignation in a meeting with King Abdullah II on Monday.
His resignation comes amid mass protests over price hikes and an income tax reform bill.
According an official source, the move is aimed at defusing the anger over the economic policies.
Protests have been taking place across the capital Amman and other towns for the last four days. Protesters are calling for the government to scrap the new law. They were also demanding the removal of Mulki, whose government had proposed raising the income tax by at least five percent.
Mulki assumed office in 2016 and was responsible for improving the country's economy amid regional turmoil and a refugee crisis. Sources say Omar al-Razzaz, the current education minister, will replace Mulki.
Al-Razzaz, a former World Bank economist, is described as a more "likable" and "accepted" character among the Jordanian people.
Jordan has long suffered from economic problems and remains heavily reliant on foreign aid. Earlier this year, Jordanians demanded the removal of bread subsidies and protested a sales tax hike.
According to Rami Khouri, a senior fellow and professor at the American University of Beirut, these problems are structural in nature. "The government can't keep up with the economic growth rate to provide jobs or with the expenditures to provide essential services such as housing, security, and education," he told Al Jazeera.
As part of a series of economic reforms to decrease Jordan's national debt of $37bn, which is equivalent to 95 percent of the gross domestic product (GDP), the government introduced price hikes on basic commodities that have angered many Jordanians.The cost of fuel has increased five times in 2018, and electricity bills have shot up to 55 percent.
These measures stem from the $723m three-year credit line that the government secured from the International Monetary Fund in 2016.
Amman is the most expensive Arab city to live in, according to a recent report published by The Economist.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Young jobseekers must be protected from fraudsters


Fake job advertisements in newspapers are making young job seekers fool in growing number. The Criminal Investigation Department (CID) of police picked up two fraudsters, including a private university student, from the capital in the recent past. Nazmul Hasan Sumon alias Mazharul and Tanvir Ahmed Jewel were arrested from Khilkhet ...

Football »

Mexico's Jonathan dos Santos (left) and Scotland's Dylan McGeouch vie for the ball during an international friendly soccer match at Azteca Stadium in Mexico City on Saturday.


City »

The rush for train tickets ahead of Eid is going on. This picture was taken from Kamalapur Railway Station yesterday


Entertainment »

Jacqueline graces another magazine cover


The Grihlakshmi family proudly presents its June, 2018 issue which has roped in the most talked about actress and the Race 3 fame Jacqueline Fernandez as the cover girl. We request you to kindly go through the release below and consider it under Bollywood news section, in your established portal/website. ...

International »

Trump suggests Robert Mueller is behind Russia probe leaks


AFP, Washington :American President Donald Trump suggested Saturday that Special Counsel Robert Mueller is deliberately leaking to the press documents about his probe into possible collusion with Russia."There was No Collusion with Russia (except by the Democrats). When will this very expensive Witch Hunt Hoax ever end? So bad for ...

Editorial »

Intentional delay of ACC to finish probe of Hallmark loan scam with Sonali Bank


THE intentional delay to complete the Anti-Corruption Commission (ACC) probe of Hallmark Group loan scam with Sonali Bank in six years makes it clear to the citizens that the ACC is not interested to settle financial crimes but is rather being used as a political arm of the government. The ...

Football »

Argentina`s Lionel Messi (center left) and Ever Banega take part in a team training session at the Sports Center FC Barcelona Joan Gamper, in Sant Joan Despi, Spain on Saturday. Israel will play against Argentina next Saturday (June 9) in a friendly soccer match.


Entertainment »

Dia Mirza on playing Maanayata Dutt in Sanju


Dia Mirza and Sanjay Dutt have collaborated several times on the big screen and now she is part of a film which is based on his real life. She has played Sanjay Dutt's wife MaanayataDutt's character in Rajkumar Hirani's Sanju. Being a co-star, Dia knew Sanjay but when she heard ...

City »

Bangladesh Jatiyatabadi Chhatra Dal, Dhaka University staged a demonstration at Shishu Park area in the city on Saturday demanding release of BNP Chairperson Begum Khaleda Zia.


International »

Russian pilot found alive 30 years after shot down in Afghanistan


AFP, Moscow :A Russian pilot who was missing presumed dead after his plane was shot down three decades ago during the Soviet intervention in Afghanistan has been found alive and wants to come home, Russian military veterans said Friday."He is still alive. It's very astonishing. Now he needs help," the ...

Back Page »

For sound body


Abdul Muqit Chowdhury :A healthy person is an asset in society. Fasting is advantageous from the viewpoint of health and hygiene. Medical Science has acknowledged many benefits of fasting. Firstly, it is an effective treatment for psychological disorders by strengthening one's conviction of welfare activities. Nurturing resistance to face hardship ...

Editorial »

Drug drive: Ordinary ones are implicated, kingpins stay safe


NEWS media reported that police in Chattogram implicated a 60-year man, Samar Krishna Chowdhury, in two cases related to narcotics and arms recovery, after being influenced by a local expatriate man. Luckily, the sexagenarian escaped the sure death in crossfire, alias firing by law enforcers without trial, as his family ...

Entertainment »

Deepika Padukone`s Naina clocks 5 years in Bollywood


Deepika Padukone presented one of the most loved characters in the recent years with Naina from Yeh Jawani Hai Deewani. As the film clocked 5 years yesterday, fans took to Twitter to express their love for their beloved actress. The simple and sincere girl who discovers the fun side of ...

City »

Barrister Mainul Hosein along with journalists and other staff of the New Nation and Weekly Robbar offering munajat at a Milad and Doa Mahfil marking the 49th death anniversary of veteran journalist Tafazzal Hossain Manik Mia held at Manik Mia Foundation auditorium, Ittefaq Bhaban in the city on Friday.


.

International »

After embassy move, Trump weighs Jerusalem consulate changes


AP, Washington :President Donald Trump is considering giving U.S. Ambassador to Israel David Friedman more authority over the U.S. outpost that handles Palestinian affairs, five U.S. officials said, a shift that could further dampen Palestinian hopes for an independent state.Any move to downgrade the autonomy of the U.S. Consulate General ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news