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Chapter | Country Profile from The Report: Jordan 2018

The Hashemite Kingdom of Jordan is widely seen as a pillar of stability in a region that has been disrupted by conflict in recent years. Despite challenging surroundings, Jordan has managed to maintain efficient political workings and positive economic growth. As a country with scarce natural resources but a highly educated population, the kingdom aims to become a regional leader in sectors...

As ongoing volatility continues to hamper growth in the region, Jordan has made significant progress in preserving macroeconomic stability and reducing its fiscal deficit in the past few years. Efforts to the fulfill the stipulations of a $723m extended fund facility agreement with the IMF continue, and the government may need to pursue more widespread reforms to increase income tax revenues and limit tax avoidance so as to sustain recent momentum.

A World Bank-funded project to realise the potential of Tanzania’s southern safari circuit, coupled with an influx of high-end hospitality players, looks set to support long-term growth in the tourism industry.

A rallying economy and higher levels of liquidity are helping to put Nigeria’s real estate sector on the path to recovery, although infrastructure shortfalls and a lack of affordable offerings in the mid-market range could still curb growth.

Le secteur minier ivoirien décolle, l’augmentation de la production et de l’exploration aurifère contribuant à étayer la croissance considérable enregistrée récemment.

Plans to make higher education free for most South African students in a phased rollout took a step forward in late February, with news that the government was allocating R57bn ($4.8bn) to cover tuition fees for low-income, first-year students.

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