Amman, Oct. 21 (Petra) – The International Monetary Fund (IMF) expects Jordan’s economy to maintain its gradual recovery in the coming years, supported by ongoing fiscal and structural reforms. It also forecasts growth at about 2.7 percent this year and 2.9 percent in 2026.

According to the IMF’s Regional Economic Outlook for the Middle East and Central Asia – Fall 2025, the Fund projects Jordan’s growth to reach 3 percent by 2030.

The report noted that oil-importing countries in the region, including Jordan, are benefiting from lower commodity prices, stronger tourism, higher remittance inflows, improved agricultural output, and continued progress in macroeconomic stability and reform implementation.

These projections follow the fourth review under the Extended Fund Facility (EFF) and the first review under the Resilience and Sustainability Facility (RSF), which confirmed Jordan’s economic resilience despite regional and external challenges.

The IMF said Jordan’s performance aligns with earlier expectations, highlighting continued progress in fiscal and structural reforms, particularly in boosting domestic revenues, broadening the taxpayer base, and enhancing public spending efficiency.

It added that the productive and service sectors are showing signs of recovery, supported by monetary and financial stability and the Central Bank of Jordan’s efforts to contain inflation and maintain a stable exchange rate.

The report emphasized the need to improve the business environment, strengthen public–private partnerships, and expand investment in renewable energy, tourism, technology, and green industries as key drivers of future growth.

The IMF urged the continuation of structural reforms and social protection measures to balance growth and equity.

The new outlook reflects the Fund’s confidence in Jordan’s ability to transition toward sustainable growth as it advances cooperation under the RSF, which aims to enhance resilience to climate change and external shocks.

//Petra// NQ
21/10/2025 14:13:08