The unemployment rate in Jordan fell by the end of the fourth quarter of last year to 22.9 percent compared to 23.1 percent in the previous quarter. While the unemployment rate for the fourth quarter of 2021 was 23.3 percent, according to data from the Jordanian Department of Statistics.
The International Monetary Fund (IMF) forecast Jordan's GDP growth at 2.7 percent in 2022-2023, up from 2.4 percent in the fourth review whose results were published in June 2022. The report also showed the success of the Central Bank of Jordan in maintaining monetary and financial stability.
Jordan's vision of economic modernization aims to double the Kingdom's growth to 5.5 percent over 10 years, attract $1.5 billion in foreign investment annually and attract $2.5 billion in domestic investment annually. The vision also aims to create one million jobs within 10 years. Structural economic reforms would preserve the middle class and maintain monetary stability allowing free movement of foreign exchange for investors without any restrictions.
Source (Sky News Arabic Website, Edited)
