TAG: The Middle East
Jordan has been a bastion of stability in an otherwise volatile region. It largely escaped the throes of the Arab
Spring and, despite economic difficulties, has enacted reforms to meet IMF assistance requirements. However, recent years have seen increasing strain on finances, resulting in mixed – and even contradictory – reactions from business leaders, as can be seen in OBG’s Business Barometer: Jordan CEO Survey, conducted in late 2017. Despite 63% of our more than 100 respondents reporting positive or very positive expectations of local business conditions, 70% say investor confidence in the economy is not improving or definitely not improving.
Jordan has been a bastion of stability in an otherwise volatile region. It largely escaped the Arab Spring and, despite economic difficulties, has enacted reforms to meet IMF assistance requirements.
