Jordan cuts hotel power tariffs
Move could shave around $40mn per year off hotel electricity bills.
Jordan has decided to cut electricity tariff on hotels in a bid to sustain growth in the hospitality and tourism sector which was hit hard by the turmoil in the region.
Prime Minister Abdullah Ensour announced the kingdom's hotels will be removed from the commercial sector's electricity tariff category and be put under the industrial sector, cutting hotel electricity bills by JOD 28mn ($40mn) a year.
The prime minister told a meeting with representatives of various economic sectors that the tourism and transport sectors are the most affected by the turmoil in neighbouring countries, Petra news agency reported.
However, the Kingdom was able to cut unemployment and poverty rates and maintain financial status despite developments in the region.