The past several years have seen significant changes in Jordan. The state is pushing ahead with structural reforms that should provide a sound base for future development, as the economy shows signs of a brisk recovery from the difficult years it has faced in the wake of the global financial crisis.
What is being done to facilitate low-interest lending to small and medium-sized enterprises (SMEs)?
The last few years have presented a challenging market for the retail sector, with Jordanians’ incomes squeezed by the increasing cost of living. Yet new malls continue opening, hypermarkets continue to grow, and more retailers are still entering the market. Economies of scale can offer attractive savings to consumers who have less disposable income...
Clothing manufacturers in the kingdom experienced strong growth in 2011. As the country’s most economically important export, they contributed JD708m ($994.9m) to the year’s total national exports, 14.8% of the total. The main driver behind this growth is the US market, which received 93% of Jordanian clothes exports in the first 11 months of 2011....
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