According to the “Jordan Times” report, Muneer Deyeh, general manager of the Jordan Textile and Garment Organization, pointed out on February 15 that the sales of textile and garment industry retailers in the first 45 days of this year were higher than the same period last year. It fell 70%, calling on the Jordanian government to take strengthened measures to save the industry from the difficulties it has faced since 2016.
Deyeh continued to point out that many stores in the textile and garment industry, especially small stores, have been hardest hit, with even a daily turnover of only US$70. Costs such as sales tax, tariffs, electricity bills, and rent for ready-made garments need to be significantly reduced to save the industry from crisis.
The textile and garment industry plays an important role in Jordan’s economic development, employing a total of 52,000 people. This crisis may cause 10,800 clothing stores to close. At present, It is also facing a shortage of cash flow. Call on the government to take urgent actions and measures to deal with this challenge at a time when the industry is facing a major crisis.
