• 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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Chapter | Country Profile from The Report: Jordan 2014

The past several years have seen significant changes in Jordan, with the population reaching 6.64m in 2014, swelled in part by refugees from neighbouring Syria and Iraq. Jordan, however, remains stable as it moves ahead with home grown and sustainable political reforms that look to establish lasting building blocks for democracy. In September 2014 King Abdullah II of Jordan re-iterated his...

In 2014 Jordan’s population reached 6.64m, as regional turbulence saw an influx of refugees from neighbouring countries. Jordan, however, remains stable as it pushes ahead with the political reforms announced in 2011. The economy continues to revive following the global economic downturn, while government commitments to tackle structural issues in the economy bode well for future growth.

The decision to temporarily halt and revise the Kuwait Offset Programme (KOP), before reintroducing it next year, is widely seen as a sign of the government’s commitment to enhancing the business climate amidst fierce regional competition and following regulatory reforms.

Although South Africa’s macroeconomic indicators remain soft, recent data shows that foreign investors are continuing to flow into the country as a public sector-backed infrastructure spending campaign is rolled out. 

As one of the principle pillars of Qatar’s non-oil and gas economy – and a leading light in the country’s private sector – the financial services industry has recently been a particular focal point in moves to strengthen the drive to Qatarisation.

Indeed, the replacement of a number of expat banking CEOs with Qatari nationals in recent months has been one of the more visible signs of...

As incoming Indonesian president Joko “Jokowi” Widodo prepares to take the reins on October 20, speculation is growing that the way in which he tackles cutting the huge fuel subsidies may come to define his presidency. 

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