Staff strike for Capital Market Institutions

The staff of the following capital market institutions is on open strike:

• Jordan Securities Commission (JSC).
• Amman Stock Exchange (ASE).
• Securities Depository Center (SDC).
   
  The staff of these institutions has been severely affected by the Council of Ministers decision to restructure salaries of independent institutions.
   
  The Council of Ministers decision was taken disregarding these independent institutions role as being legislative, monitoring & regulatory institutions for vital sectors of the Jordanian national economy.
   
  Investments in these institutions amount to around JD (23) billion, thus representing the essence of our national economy.
   
  The Council of Ministers decision affects the financial rights of the staff of these institutions.  The drastic decrease of the staff salaries caused them to submit their resignations. This will affect the capital market to unavoidable risks.