In its latest report, the World Bank noted that Jordan has shown resilience amid successive external shocks while maintaining macroeconomic stability and associated vulnerabilities with climate change and regional conflicts. The international item highlighted the importance of structurally addressing labor market challenges, stimulating the business environment, and the continuous focus on implementing reform to achieve a sustainable economy, raising the growth rate by increasing productivity, pursuing investment, and export-based growth.
The latest conflict in the Middle East, which initially erupted on October 7, has affected the tourism, trade, and investment sectors across the region. He warned that there is a longer and wider risk and the conflict could exacerbate existing challenges such as trade disruptions and rising shipping costs.
Source (Al-Dustour Jordanian Newspaper, Edited)
