Ammon News - By Brendan Murray - Bloomberg

Jordan’s economy may accelerate this year as growth around the region strengthens, and the country’s currency is “broadly aligned with its medium-term fundamentals,” the International Monetary Fund said in a statement today.

“Economic activity is expected to pick up modestly in 2010, and accelerate further over the medium-term, as growth revives in key regional trading partners, bringing Jordanian output closer to potential,” the statement said after an annual review of the Jordanian economy.

Growth this year is forecast to be 3.4 percent, compared with 2.3 percent in 2009, it said.

“The fixed exchange-rate regime remains important for financial stability,” according to the review, known as an Article IV consultation. “The Jordanian dinar’s peg to the U.S. dollar has acted as an appropriate nominal anchor for the economy.”