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18 April 2024

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IMF: Continued regional pressures facing Jordan's economy

01-05-2025 02:38 PM


Ammon News - The International Monetary Fund (IMF) stated that economic activity in Jordan continues to face multiple pressures due to the regional repercussions of conflicts and tensions, particularly those in Gaza, which have negatively impacted a number of vital sectors.

The Economic Outlook for the Middle East and Central Asia report, released Thursday, indicated that vital sectors negatively impacted by these regional repercussions—most notably tourism, domestic consumption, and investment—are among the most significant, amid growing uncertainty regarding the economic outlook for countries in the region and globally.

Economic growth in Jordan recorded 2.5% in 2024, the IMF stated, indicating that this rate is expected to rise to 2.6% in 2025 and 2.9% next year. It is noteworthy that the IMF lowered these expectations compared to its report issued last October by approximately 0.3% for 2025 and 0.1% for 2026.

An official source confirmed to Al-Mamlaka that these forecasts for the current and next years are "close to the official forecasts and may largely match them."




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