The United States Agency for International Development (USAID)/Jordan Economic Reform Activity (ERA) Task Order 1 supports the Government of Jordan (GoJ) to prioritize, implement, and sustain economic reform, contributing to one of USAID/Jordan’s development goals: generate inclusive private sector-led growth. The activity focuses on four primary objectives: (i) advancing economic reform; (ii) strengthening the business enabling environment; (iii) increasing exports and local, regional, and international investment; and (iv) responding to emerging priorities that impact the Jordanian economy. To achieve these objectives, ERA provides technical assistance to the GoJ to analyze, consult on, draft, revise, finalize, and implement economic reform, expanding exports and investment through the Jordanian diaspora and proposing sectors for investment promotion, especially with the potential to impact women and youth.
Banyan Global supports ERA’s investment promotion and facilitation initiatives with the GoJ, including the Ministry of Investment (MoIN). This work involves providing assistance to: (i) strengthen institutional systems and processes that promote investment; (ii) professionalize investment outreach and promotion; and (iii) and prepare its pipeline of investment-ready projects for foreign direct investment (FDI). Specifically, Banyan Global is supporting the MoIN to implement its Strategic Plan; developing an Engagement Plan; and leveraging public and private resources to advance investment-ready projects towards completion.
Banyan Global also leads ERA’s gender and social inclusion (GESI) efforts. Based on a GESI analysis conducted at project launch, Banyan Global’s ERA GESI team is building the capacity of project stakeholders to institutionalize the use of GESI tools and practices as well as GESI-sensitive monitoring, evaluation, and learning strategies to address gender bias and equity gaps. For example, the GESI team is facilitating a working group across ERA-priority ministries’ gender focal points to build capacity; share learning; and bolster the use of GESI best practices.