A billion-dollar pipeline project, which should be completed within the next three months, is set to play a key part in helping Jordan tackle its water security issues.
Jordan
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Economic update | Jordan: New tourism challenges
24 May 2013
Despite a rebound in tourism revenues last year, the sector continues to face a difficult operating environment with both regional instability and the potential for increased government taxation weighing it down.
Harnessing new technology to extract Jordan’s oil shale reserves could help reduce reliance on imported hydrocarbons as well as enhance energy security.
Economic update | Jordan: GDP gathering momentum
30 Apr 2013
Following GDP growth of 2.8% in 2012 according to IMF numbers, up slightly on 2011, Jordan is working to maintain similar expansion this year, despite a drop in foreign grants and a simultaneous rise in its energy bill.
A US offer to back Jordanian bond issues may help lower the Kingdom’s borrowing costs and boost confidence in the country’s securities, which has been dented by regional instability that has slowed economic growth.
A government decision to access funding via the bond market could pave the way for banks to increase lending to the private sector.