FINANCIAL NEWS

Jordan’s GDP rises 3.5% in Q3

27 Dec 2010

(MENAFN) Jordan’s Finance Minister, Mohammad Abu Hammour, revealed that the Kingdom’s gross domestic product (GDP) expanded to $3.66 billion during the July-September period of 2010, up from $3.51 billion, year on year, amounting to a 3.5 percent climb, Bloomberg reported.

According to Abu Hammour, by September-end of the current year, Jordan�s GDP grew 2.8 percent.

In 2011, the Kingdom’s economic growth will accelerate to five percent, up from a projected four percent this year, noting that during the second quarter, economic growth accelerated to an annual 2.9 percent, led by the mining and transport industries, Abu Hammour added.

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