The government has unveiled an ambitious draft of its 2013 budget, which it says will reduce the state deficit while still shifting spending to support growth – a tricky balance at the best of times.
Even though foreign direct investment (FDI) inflows are poised to rise sharply in the second half of 2012, the Jordanian government is treading cautiously against the background of a still fragile global economy and daily concerns over the level of regional instability on its own doorstep.
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