Jordan economy news
Here are some recent news articles and updates about the Jordan economy:
Economic Growth
- Jordan's economy is expected to grow by 2.5% in 2023, driven by a recovery in the tourism sector and increased government spending, according to the International Monetary Fund (IMF). (Source: Reuters, January 2023)
- The World Bank has forecasted a 2.7% growth rate for Jordan's economy in 2023, citing improvements in the business environment and increased foreign investment. (Source: Jordan Times, February 2023)
Inflation
- Jordan's inflation rate rose to 1.4% in January 2023, up from 1.1% in December 2022, due to higher food and transportation costs. (Source: Central Bank of Jordan, February 2023)
- The government has implemented measures to control inflation, including reducing subsidies on fuel and electricity, and increasing taxes on luxury goods. (Source: Jordan Times, January 2023)
Tourism
- Jordan's tourism sector is expected to recover in 2023, with the government aiming to attract 10 million visitors this year, up from 7.5 million in 2022. (Source: Jordan Times, February 2023)
- The government has launched a new tourism strategy, focusing on promoting cultural and historical sites, and improving infrastructure and services. (Source: Amman Net, January 2023)
Investment
- Jordan has attracted $1.3 billion in foreign investment in 2022, up from $1.1 billion in 2021, according to the Jordan Investment Commission. (Source: Jordan Times, January 2023)
- The government has launched a new investment law, aimed at attracting more foreign investment and promoting economic growth. (Source: Amman Net, February 2023)
Energy
- Jordan has signed a deal with the United States to import liquefied natural gas (LNG) to reduce its dependence on oil and gas imports. (Source: Reuters, January 2023)
- The government has launched a new energy strategy, focusing on increasing the use of renewable energy sources and reducing energy consumption. (Source: Jordan Times, February 2023)
Labor Market
- Jordan's unemployment rate rose to 23.1% in the fourth quarter of 2022, up from 21.5% in the same period in 2021, according to the Department of Statistics. (Source: Jordan Times, January 2023)
- The government has launched a new labor market reform, aimed at increasing employment opportunities and reducing unemployment. (Source: Amman Net, February 2023)
These are just a few examples of recent news articles and updates about the Jordan economy. If you're looking for more information, I can try to help you find it!