Tag: GDP

Great Wall of China

Getting China Back on Track

Significant restructuring and rebalancing of China’s underperforming economy is needed before the country sneezes and we all catch a cold. China’s economy, long a reliable source of growth, has been experiencing a wave of economic difficulties that has created uncertainty…

The Future of the FTA

Washington’s chief economic diplomat in Amman believes the 2000 Free Trade Agreement can be expanded to offer even more support to Jordanian companies. By Dina Al-Wakeel The United States is easily one of Jordan’s most important economic partners. At the…

investment

Please, No More Stop-Gap Governments

If we are about to get another government sworn in, let’s at least have it filled with genuinely reform-minded experts who can tackle the long-ignored challenges facing our economy. By Khalid W. Wazani By the time this article sees the…

KRISTINA KOSTIAL

Venture at 10: Kristina Kostial

Kristina Kostial, Former International Monetary Fund Mission Chief for Jordan Date of Interview: August 2015 To overcome persistent economic shocks, in 2012 Jordan successfully sought out a loan from the IMF in return for introducing a series of tough economic reforms….

The World Bank

Jordan GDP to Hit 3 Percent in 2016 – World Bank

The World Bank said Jordan’s GDP should reach 3 percent in 2016, up from 2.4 percent in 2015, which was the slowest pace of growth in four years. In its latest MENA Economic Report, the bank said the rise in…

What Cheap Oil Means for Us

On paper, record low oil prices should prove to be an economic bonanza for an emerging market energy importer like Jordan. But what’s the reality? By Dina al-Wakeel In 2011, just when it was trying to get back on its…

tax

Too Much of a Good Thing

An over reliance on foreign aid has allowed successive governments to put off taking the tough steps needed to create a truly sustainable economy. For the sake of Jordan’s future, this has to change. By Laith al-Qasem Jordan is a…

Tourism Drive Reaping Results

Jordan’s struggling tourism industry appears to have begun benefiting from a package of measures introduced last year that aimed to entice first time holidaymakers to the Kingdom and win back repeat visitors, particularly from the Gulf. Thanks to its abundance…

Mixed Outlook for Regional Airlines

The Secretary General of the Arab Air Carriers Organization says travel barriers and regional unrest continue to hamper his industry. But rising passenger numbers, lower oil prices, and expansion into international markets give him cause for cheer. By Dina Al-Wakeel…

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…