FINANCIAL NEWS

Jordan to cut 77 percent of GDP by 2021

02 Jul 2016

(MENAFN) Jordan aims to introduce a program of far-reaching structural reforms in order to face economic challenges.

Accordingly, the new financial measures would target boosting the GDP and enhance the kingdom’s competitivennes to attract foreign investment.

Moreover, the kingdom also aims to decrease its relaince on foreign aid, targeting self-sufficiency by 2018.

Meanwhile, the main goal is to cut Jordan’s debt to 77 percent of GDP by 2021, while it will deal with the country’s developments in infrastructure area.

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