Jordan's weekly mobile imports down to $1m after tax increase
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Jordan's weekly mobile imports down to $1m after tax increase

Jordan's weekly mobile imports down to $1m after tax increase

Jordanian mobile phone distributors and importers have reported a 15% drop in mobile imports from $10m per week to $1m, following the government's increase of taxes imposed on cellular phones, Jordan Times has reported. Mobile exports for this year are expected to drop by 60-65% as a result of the decision, which, they said, will force them to lay off employees and consider closing mobile companies' regional offices in the country. "The government thinks this decision will increase the revenues it makes," said Fadi Baransi, vice president of BCI, the official Samsung Mobile Phones distributor in Jordan. "On the contrary, this decision will dramatically reduce its revenues from companies such as ours as sales will decline and smuggling will spread," he said.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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