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Ammon News -

Prime Minister, Bisher Khasawneh, said that Jordan's overall situations are strong and solid and the national economy is full of capabilities and monetary and financial stability.

Speaking to a Lower House meeting on Monday, Khasawneh said "Jordan is resilient and far from risks associated with terms such as bankruptcy, and according to the World Bank, which confirmed that Jordan is more immune from being affected by the Russian-Ukrainian crisis due to its strategic and secure stock of wheat and barley, which is sufficient for more than a year."

He pointed out that international credit rating agencies have confirmed Jordan's credit rating as safe, noting that the government, in cooperation with the Lower House of Parliament, has achieved targets of the general budget law for the last year.

The Prime Minister indicated that the government achieved 104 per cent of its target revenue last year, and achieved growth, in cooperation with the house's committees in the last quarter of last year, that compensated for the negative growth during the Covid-19 crisis.

He added: "We have $17 billion in foreign exchange reserves, a historical and unprecedented figure in Jordan," lauding the role of the Central Bank and the Ministry of Finance in maintaining public finances.

"In the last year and a half, the government completed 3 successful reviews linked to structural economic reforms, according to international institutions," Khasawneh noted.

The Premier explained that Jordan went through a strange decade that saw many crises and turmoil in the region, which impacted the national economy, in addition to the Covid-19 crisis, which negatively affected the economies of the world.