FINANCIAL NEWS

Jordan’s economic position slows due to external issues

09 Jun 2016

(MENAFN) Jordan faces ongoing trade and investment problems from the conflict in Syria and among the region.

Furthermore, low oil prices have not been followed by a notable boost to growth in oil-importing nations in the area.

Meanwhile, deficits remain up 3 percent of the GDP in all oil-importing countries in the Middle East and North Africa region.

In addition, budget lacks are contributing to high and increasing government debt as a share of the GDP, particularly in Egypt, Jordan and Lebanon.

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