Energy Sector Support

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Energy Sector Support
Energy Sector Support
Energy Sector Support

BACKGROUND 

One of the underlying factors hindering Jordan’s competitiveness and therefore, economic growth is the high cost of energy for businesses. The Government of Jordan has committed to reduce the costs of energy for businesses by working toward growth-enhancing structural reforms and continued fiscal adjustments aimed at preserving macroeconomic stability, enhancing competitiveness, strengthening the conditions for more sustainable and inclusive economic growth, and reducing public debt. 

PROJECT OVERVIEWS 

USAID’s Energy Sector Support Activity is a market-focused program that will support the Government of Jordan to implement the Kingdom’s economic reform plans within its public institutions, with the goal to improve the energy sector’s sustainability and self-reliance. The activity will leverage the power of the private sector to catalyze Jordan’s power, gas, and petroleum industries toward a more resilient future, improve the financial stability of Jordan’s public institutions and enable new investment to improve the energy sector’s sustainability.

EXPECTED OUTCOMES 

  • Improve grid management and increase the power sector’s financial sustainability.
  • Strengthen the regulatory system and cultivate effective policies and decision-making. 
  • Improve the energy sector’s services, while taking into account local and international environmental commitments.  
  • Optimize energy sector opportunities and engage the private sector to enhance feasible opportunities. 

 

Last updated: June 15, 2022

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