Amid the regional turbulence caused by the Arab Spring, Jordan has navigated a steady course. This is a key advantage that the kingdom offers to foreign investors, who continue to regard the country as a strong base for targeting growth markets in the region and who are stepping up their involvement in core domestic industries such as energy, health care and information technology.
Jordan’s reputation for political and social stability has led to a rise in the number of international students choosing the Kingdom for their university education despite concerns over regional unrest. This trend is strengthening Jordan’s efforts to carve out a niche for itself as a regional education hub and could also help the country to tackle its growing budget deficit.
On February 27, when outlining his government’s proposed plan of action, Prime Minister Marouf Bakhit told parliament that he was firmly committed to extending financial support to the nation’s universities to overcome any funding shortfalls and to continue to expand their activities. Directing more energy and money towards courses that meet the needs of the economy will help give Jordan’s education system a sharper focus and provide students with the skills required to find employment after graduation.
Jordan’s stable political environment, as well as the robust growth projections for its economy, should ensure near term investment inflows continue to fuel growth across the board; however, regional instability has been having a negative impact on the country’s tourism sector and rising refugee numbers are putting increased pressure on state services.
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