Events

The containment efforts and shutting down of large sectors of the economy have triggered an unavoidable global economic downturn. Experts are warning of a global recession that will be deeply felt, particularly by middle income countries. In Jordan, the considerable disruption to most industries presents major financial implications and challenges. The severe structural shock on the demand and supply sides of the economy is impacting supply chains, the structure of production, as well as the allocation of capital and labor.

To gain insight on what the economic landscape will look like as we emerge from the recent lockdown, and the planning required in managing such extraordinary economic scenarios, Columbia Global Centers | Amman held a webinar with prominent business leaders who offered their perspectives on the most likely pathways toward a national economic recovery, as well as the potential risks that must be averted by policy-makers during this period.

Speakers:

Michael Nazzal, Hotel and Tourism Investor
Ghassan E. Nuqul, Chairman, Fine Hygienic Holding
Mazen Darwazah, Executive Vice Chairman and President of MENA, Hikma Pharmaceuticals
Samer Al-Tawil, Former Minister of National Economy

Discussants:

Tamara Abdel-Jaber, Founder and CEO of Palma Consulting and Partner at Amam Ventures
Kamel Almani, Managing Director of WashyWash
Shahla Matar, Managing Partner, Tanasuk Technologies

Moderated by Muhannad Shehadeh, Chairman of the Board, Government Investment Company, and Former Minister of State for Investment Affairs

Introduction by Safwan Masri, Executive Vice President for Global Centers and Global Development, Columbia University

The containment efforts and shutting down of large sectors of the economy have triggered an unavoidable global economic crisis. Experts are warning of a global recession that will be deeply felt, particularly by middle income countries. In Jordan, the considerable disruption to many industries presents major financial implications and challenges.

To gain insight on what the future fiscal and monetary landscape may look like, and the planning required to manage such extraordinary economic scenarios, the Center held a webinar featuring prominent governmental and financial sector leaders in Jordan who offered their perspectives and shed light on the most likely pathways toward a national economic recovery, as well as the potential risks that must be averted by policy makers.

Speakers:

Ziad Fariz, Governor, Central Bank of Jordan

Nour G. Jarrar, CEO for Citibank N.A. Jordan

Shahm Al-Wir, Partner, Foursan Group

Ali Abukumail, Acting Resident Representative, World Bank
Mission in Jordan

Moderated by Mary Nazzal, Chairperson of 17 Ventures
and Founder of Landmark Hotels

Introduction by Safwan Masri, Executive Vice President for Global Centers and Global Development, Columbia University