The Ghanaian economy is well positioned to accelerate growth, with several key factors likely to encourage expansion in the coming years.
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Despite high levels of government debt and the costs associated with hosting hundreds of thousands of refugees, Jordan’s economy has continued to demonstrate remarkable resilience in the face of ongoing regional instability. A raft of far-reaching reforms introduced in 2016, along with newly brokered international agreements, should help the kingdom continue along its slow but steady growth path in the years ahead.
Sales of greener vehicles in Dubai look set to rise in the coming years as the government steps up its bid to reduce the emirate’s carbon footprint.
Articles & Analysis | Jordan's retail sector poised for expansion as population grows from The Report: Jordan 2016
The retail sector has shown consistent growth in recent years, with the Central Bank of Jordan (CBJ) estimating its contribution to GDP at JD1.13bn ($1.6bn) in 2015. This figure is from a GDP of JD11.4bn ($15.5bn), or around 10% of the overall total. Retail is also a major source of employment. The Department of Statistics (DoS) recorded 173,...
Articles & Analysis | Jordanian industry makes progress on phosphate, chemicals and pharmaceuticals from The Report: Jordan 2016
The industrial sector continues to show growth. Phosphates and potash, chemicals and pharmaceuticals, and textiles and garments all continued to expand in terms of both net profits and volume in 2015. The fact that these segments have grown in the face of global economic headwinds and in a region directly affected by major geopolitical...
Articles & Analysis | Textiles remain a key pillar of Jordanian industry from The Report: Jordan 2016
Garments, accessories and textiles trade has been one of the kingdom’s great success stories, with exports continuing to grow despite the global economic slowdown and enduring regional challenges. Industry players hope that the years ahead will see a major breakthrough in trade with the EU, a development that will not only be good for Jordan’s...