Jordan’s King Abdullah II has publicly thrown his weight behind calls to strengthen the rule of law in the country, but while some view the effort as a necessary catalyst for fuller reform and democratisation, others have taken a more sceptical view. In October 2016 the king released the sixth in a series of discussion papers published since...
Jordan is in the midst of ambitious fiscal and structural reforms that aim to consolidate financial stability and cut public debt after several years of economic slowdown. The past few years have seen GDP growth slide from more than 8% in 2007 to 3.1% in 2014. Although the IMF originally projected GDP growth would reach 3.5% in 2015, it...
How will the country be utilising the financial support coming from the Jordan Investment Fund to maximise benefits for the kingdom?
How is the ministry working with other countries to reduce the burden of the Syrian crisis on Jordan?
The kingdom’s latest deal with the IMF has drawn both praise and criticism, and while evidence can be marshalled for both reactions, no honest appraisal can take place without the proper context. The three-year Extended Fund Facility (EFF) is worth some 514m special drawing rights (SDRs), an international reserve asset created by the IMF to...
The amount of Jordanian exports to the European market is expected to rise following a newly inked deal with the EU that relaxes the rules of origin stipulations. More relaxed rules of origin will grant preferential access to Jordanian goods containing as much as 70% non-local materials. The agreement covers 52 product groups manufactured in...
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