Cover of The Report: Jordan 2013

The Report: Jordan 2013

The past several years have seen significant changes in Jordan. The state is pushing ahead with structural reforms that should provide a sound base for future development, as the economy shows signs of a brisk recovery from the difficult years it has faced in the wake of the global financial crisis. 

GDP is forecast to expand by 3.5% in 2013, and the government has made cutting the fiscal deficit a priority. Efforts to reduce reliance on imported energy sources continue, with access to domestic oil and shale gas reserves being particularly important. All in all, continued political stability, a brisk economic recovery, large-scale transportation developments and government efforts aimed at overcoming energy imports reliance should see Jordan retain and build on its already strong strategic position in the region.

OBG & Jordan