Amman, June 3 (Petra) — Measures taken by Jordan to address energy
price increases resulting from regional tensions have helped ease
pressures on the national economy, according to a report by the
European Bank for Reconstruction and Development (EBRD).

In its latest report, the EBRD said Jordan mitigated the impact of
temporary disruptions to natural gas supplies through available fuel
reserves, helping avert what could otherwise have been broader
economic repercussions in the absence of government intervention.

Since the outbreak of regional tensions, the government has
implemented a series of measures, including securing strategic
stockpiles of essential commodities and petroleum products, as well
as initiatives related to supply chains, agriculture, tourism and
citizen protection.

The report forecast Jordan’s economy to grow by 2.6% in 2026, with
growth expected to accelerate to 2.8% in 2027.

The EBRD noted that Jordan holds substantial foreign currency
reserves exceeding $27 billion. However, it said the economy
continues to face pressures related to the budget deficit, public
debt and inflation.

The report projected economic growth in the Southern and Eastern
Mediterranean (SEMED) region to slow to 2.5% in 2026 before
recovering in 2027, when average growth across the region is expected
to reach 4.2%.

The bank said regional tensions, higher energy prices and disruptions
to trade flows continue to weigh significantly on the economic
outlook for countries across the region.

//Petra// AF