• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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People everywhere in the world are hungry for economic opportunity. And it’s about a lot more than being able to make money. It’s about your dignity. It’s about respect. It’s about your place in your community. And to be frank, the challenges ahead for all of us are immense, especially in regions with developing economies and rapidly growing...

 

It is time for a new push, engaging all sectors, to create inclusive growth. This is Jordan’s goal: re-launching growth and investment while deepening reform and inclusion. To this end, public-private partnerships are our building blocks. Our 10-year economic blueprint, Jordan 2025, will enable us to move quickly to diversify resources,...

 

NATIONAL CHARACTER: The people of Jordan are renowned for their hospitality. Most people go out of their way to assist visitors, and making friends with local Jordanians is relatively easy.

 

Dependent on energy imports and constrained by regional instability, Jordan’s ability to deliver critical projects has been limited in recent years. However, with developments planned across a host of sectors in the medium term, the government is working to increase private sector participation in projects ranging from renewable energy to...

 

What message does the creation of the JIC send to potential foreign investors?

 

The economy looks set to continue its positive trajectory in 2015, with the IMF praising the kingdom for its resilience in the face of challenging external factors, forecasting GDP growth of 2.5% and 4% over the medium term, from 3.1% in 2014. Fiscal space freed up by lower oil prices will help support expansion, with construction, mining,...

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