S&P Global Ratings announced it has affirmed Jordan’s long-term sovereign credit rating in both local and foreign currency at BB- with a stable outlook. In a report issued on Friday, the agency said the affirmation reflects macroeconomic stability, progress achieved in economic and fiscal reforms, resilient economic performance, rising foreign reserve levels, and continued donor support. The agency projected Jordan’s economy to grow by 2.8 percent in 2025 and 3 percent in 2026, amid regional developments, a recovery in the tourism sector, and a gradual increase in trade volumes with Syria and Iraq. Growth is expected to reach 3.1 percent in 2027 and 3.2 percent in 2028. (ICE AMMAN)

Fonte notizia: petra news