Fitch Confirms its Outlook for Jordan's Economic Ranking

  • Amman, Hashemite Kingdom of Jordan
  • 15 May 2023
1

The confirmation of Fitch Ratings at stable levels has given the authorities a new morale boost to the implementation of the economic recovery program despite some bumps that may unexpectedly slow this path. In a recent report published on its online platform, Fitch affirmed the country's sovereign credit rating at BP negative with a stable outlook.

This positive assessment of all indicators shows the Agency's support for Jordan's economic defenses against adverse global fluctuations, from which Amman has benefited due to IMF funding. Demonstrating Jordan's success in maintaining macroeconomic stability and progress in financial and economic reforms.

Source (Al-Arab Newspaper of London, Edited)

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