Global credit rating agency Standard & Poor’s expects the Jordanian economy to achieve gradual and sustainable growth over the next three years, with GDP growth projected to reach 3.1 percent by 2027. The agency affirmed Jordan’s credit rating at BB- with a stable outlook, citing the Kingdom’s success in balancing deep structural reforms while addressing ongoing regional geopolitical challenges. The report noted that the strengths supporting the rating include stable economic performance, high foreign currency reserves, and continued progress in fiscal reforms. It added that future rating upgrades will depend on Jordan’s ability to reduce public debt levels and narrow the current account deficit. The stable outlook, the agency said, reflects international confidence in Jordan’s capacity to absorb regional shocks and sustain economic modernization efforts with the support of international partners. (ICE AMMAN)

Fonte notizia: saraha news