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Why crowdfunding threatens traditional bank lending

August 2005

Jordan's PM appoints new finance chief


Government remains committed to reforms


Jordan's prime minister, Adnan Badran, appointed a new finance minister last month, following the resignation in June of Bassem Awadallah. Adel Kodah, an economist and successful former head of Jordan's privatization commission, is the new man in charge of the economy. A number of other new appointments were made to the 28-member cabinet, including that of pro-economic reform ex-diplomat Marwan Moasher to the post of deputy prime minister. Although close to both the king of Jordan, Abdullah II, and to the US, Awadallah lost public...


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