The European Bank for Reconstruction and Development (EBRD) has praised Jordan’s measures to address the economic repercussions of the conflict involving Iran and its impact on the region. According to the EBRD, Jordan has implemented a series of steps to cushion the effects of rising energy prices resulting from the conflict in the Middle East. These measures include reducing official travel by government staff, delegations, and committees, rationalizing public spending and consumption, and introducing targeted support programs for the agriculture and tourism sectors. In its June Regional Economic Outlook report, a copy of which was obtained by Al-Mamlaka TV, the EBRD projected that Jordan’s economy will grow by 2.8% in 2027. The report noted that economic activity could strengthen further if regional tensions ease. The bank expects Jordan’s growth rate to slow slightly to 2.6% this year, following growth of 2.8% in 2025, before returning to 2.8% in 2027. The report also highlighted that economic growth accelerated from 2.5% in 2024 to 2.8% in 2025, supported by the recovery of the tourism sector and stronger export performance, despite ongoing uncertainty surrounding global trade policies. (ICE AMMAN)

Fonte notizia: MAMLAKEH NEWS