Category: Jordan Economy
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National Exports Grow by 8.1% by End of February
Jordan’s national exports grew by 8.1% by the end of February 2025, reaching a value of 1.309 billion dinars, compared to 1.211 billion dinars for the same period last year. According to the monthly report issued by the Department of Statistics on Wednesday regarding Jordan’s foreign trade, total exports increased by 9.1% by the end…
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Fitch maintains Jordan’s credit rating at ‘BB-’ with stable outlook
Fitch Ratings has maintained Jordan’s long-term foreign currency credit rating at ‘BB-’ with a stable outlook, citing strong economic fundamentals and continued reform efforts. In its latest report, the American credit rating agency said the grade reflects “Jordan’s track record of macroeconomic stability, ongoing fiscal and administrative reforms, and access to flexible domestic and international…
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Jordan climbs Future of Growth Index, advances in innovation, digital inclusion – report
– Gov’t adopts knowledge-based employment approach to employ 1,000 job seekers – Digital Inclusion Policy introduced to expand internet access, mainly in underprivileged regions – Incentives, exceptions granted to tourism institutions to stimulate sector – 2,372 companies were registered during January-April period, up from 2,091 during the same period in 2024 Jordan has advanced in…
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Over 3,200 Jobs created under government’s industrial support programmes —minister
Minister of Industry, Trade, and Supply Yarub Qudah said on Saturday that Jordan’s Industrial Support and Development Fund has helped create 3,227 new jobs, marking a 19 per cent increase in employment. Of the total jobs created, 1,138 jobs were filled by women, the minister said, representing a 25 per cent rise in female employment,…
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Public debt reaches JD44.8 billion by February end
Jordan’s total public debt reached JD44.804 billion by the end of February 2025, according to figures released by the Ministry of Finance. The figure includes debt owed to the Social Security Investment Fund (SSIF). The ministry reported that public debt now stands at 117.4 per cent of the gross domestic product (GDP). Debt to the…
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Trump exempts Jordan from US foreign aid cuts
Reuters reported that US President Donald Trump has decided to exempt Jordan from the wide-ranging foreign aid cuts he announced last January, affirming continued support for the kingdom with annual funding of no less than USD 1.45 billion, including military assistance and direct budget support. According to more than 20 sources who spoke to Reuters,…
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Investment Minister Details 2025 Strategy, Highlights Jordan’s Competitive Edge Amid Global Shifts
Minister of Investment Muthanna Gharaibeh said on Wednesday that Jordan is steadily advancing to cement its status as a reliable and competitive regional investment hub, despite the fast-evolving global economic landscape. In a statement issued following a dialogue session hosted by the Jordan Strategy Forum on Tuesday, Gharaibeh presented the Ministry’s strategy and flagship projects…
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Moody’s expects Jordan’s economy to grow by 3%
The global credit rating agency, Moody’s, has reaffirmed that Jordan’s economy remains resilient despite regional geopolitical tensions, high debt levels, and unemployment pressures. In its latest review, Moody’s maintained Jordan’s long-term local and foreign currency issuer ratings to Ba, citing strong institutional frameworks and significant international financial support, the government-owned Al Mamlakah TV reported. The…
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Jordan, World Bank sign 3 agreements worth $850m to support growth, social protection
Jordan and the World Bank on Friday signed three new project agreements worth $850 million on the sidelines of the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund. The agreements aim to support private sector-led economic growth, boost the social protection system, and expand opportunities for innovation. The signing ceremony…
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JEBA President: The European Market Represents a Strong Opportunity to Expand and Diversify Jordan’s Exports
The President of the Jordanian-European Business Association (JEBA), Ali Murad, affirmed that economic cooperation between Jordan and the European Union constitutes a significant strategic pillar that strengthens national economic growth and supports sustainable development in the Kingdom. In a press statement, Murad stated that the European market represents a strong opportunity to expand and diversify…