World urged to invest in Jordan to create jobs for Syrians

AMMAN, Jordan -- The head of the International Labor Organization and Jordan's labour minister on Thursday called for large-scale international investment in the kingdom to help put Syrian refugees living there to work.

See Full Article

ILO chief Guy Ryder and Nidal Katamine, the minister, spoke to reporters ahead of next week's annual Syria aid conference, to be held in London.

An appeal co-ordinated by U.N. agencies seeks close to $9 billion for 2016, to help war victims in Syria, as well as some 4.3 million Syrian refugees and regional host countries, where most of the displaced still live.

One of the goals of the conference is to find ways to improve lives of refugees in the overburdened host countries, including Jordan, by creating job opportunities.

The shift in emphasis from previous donor conferences came after the influx of hundreds of thousands of Syrian refugees to Europe over the past year, driven in large part by increasingly tough conditions in the regional host countries.

Ryder and Katamine did not give specifics, including how much investment would be needed or how many jobs could be created, both for Syrians and for Jordanians.

Katamine suggested billions of dollars would be required, adding that putting Jordanians to work would be the priority.

The labour minister said Europe is experiencing now what Jordan has dealt with for the past five years -- a mass influx of refugees.

"As a minister of labour, I am in need of a lot of job opportunities, and this can only be met by the international community and by actually allocating funding and investments," he said.

Ryder said his organization is ready with project proposals once funding is approved in London. In helping the refugee host countries, such as Jordan, the international community "will indeed not just be acting in the spirit of solidarity, but will actually be meeting its own needs," he said.



Advertisements

Latest Economic News

  • Asian markets rise after Wall Street's sharp gains

    Economic CTV News
    SEOUL, Korea, Republic Of - Most Asian markets staged modest gains on Wednesday after overnight gains on Wall Street as geopolitical risks and turmoil at the White House that have dented investor sentiment in the past few weeks abated while investors eyed the annual gathering of central bankers. Source
  • B.C. seeks intervener status in court cases against Trans Mountain pipeline

    Economic CTV News
    VANCOUVER -- The British Columbia government has applied for intervener status in court challenges against the Trans Mountain pipeline expansion. The NDP government announced earlier this month that it would be joining the legal fight against Ottawa's approval of the $7.4-billion project and hired former judge Thomas Berger to provide legal advice. Source
  • Rising old age security spending dampened by CPP increases: report

    Economic CBC News
    A mandatory review of the country's largest seniors benefit program is predicting all-time highs in spending over the coming years with waves of baby boomer retirements — spending levels that could have been even higher if not for changes to the public pension program. Source
  • Calgary airport to convert Lexus-only stalls back to accessible parking

    Economic CTV News
    Calgary International Airport has apologized for moving accessible parking stalls and setting up a Lexus marketing campaign in their place. The pavement in the parking spots was painted to indicate they were reserved for drivers of the luxury car. Source
  • Rowdy Korean Air passenger's 3-year prison sentence reversed

    Economic CTV News
    HAGATNA, Guam -- A U.S. appeals court has struck down the three-year prison sentence of a rowdy Korean Air passenger convicted of interfering with flight attendants last year on a flight to Guam. The 9th U.S. Source
  • Striking ground crew at Toronto airport to vote on new offer from employer

    Economic CTV News
    TORONTO - The union representing striking ground crew workers at Canada's busiest airport says it has received a new contract offer that will be voted on tomorrow. About 700 baggage handlers, cabin cleaners, and other ground crew employed by Swissport at Toronto's Pearson International Airport have been on strike since late July. Source
  • June retail sales a bright spot for Canadian economy: economists

    Economic CTV News
    OTTAWA - Canadian retail sales rose slightly in June and continue to be a bright spot in the economy. Statistics Canada says in a report issued Tuesday that the retail sector's growth was 1.1 per cent, excluding automotive and gasoline sales. Source
  • CGI Group moves to expand in northern Europe with takeover of Affecto

    Economic CBC News
    Canada's largest publicly traded IT services business is moving to expand its presence in Europe through the acquisition of Affecto PLC in a friendly deal that would add about 1,000 staff in northern Europe. CGI Group Inc. Source
  • Big banks set to reveal profits this week against the backdrop of improving economy

    Economic CBC News
    Canada's biggest banks could deliver another profitable season for investors as third-quarter results starting to roll in this week are expected to get a boost from the strengthening economy. Analysts expect modest improvements from the Big Six banks, which launch their quarterly earnings reports beginning with Royal Bank on Wednesday, but some suggest the industry could outdo the conservative predictions. Source
  • BHP Billiton puts brakes on Jansen potash mine

    Economic CBC News
    BHP Billiton won't be asking its board to build the Jansen potash project any time soon. In its year-end financial results, the global resource company says it won't be asking the board for approval to go ahead with the Jansen potash project in 2018. Source