Jordan continues to record good positive economic indicators which confirm the strength and strength of the national economy and its adaptation to the surrounding political conditions, in addition to the progress of the workflow in the executive program to see economic modernization.
The global statistical data that has emerged since the beginning of this year indicate that the national economy evolves in the right direction supported by monetary and financial stability, the real partnership and coordination between the public and private sectors to motivate the economic sectors and achieve sustainable growth.
The Fitch Credit Classification Agency has a long-term classification of foreign currencies to (-bb) with a stable future aspect, to reflect flexibility and the strength of the national economy and its adaptation to the challenges and the confidence of international institutions with financial and critical stability in the Kingdom.
The national economy recorded growth of 2.5% in the past year, as it was to reach 2.7% this year, driven by improving domestic and external demand.
The Central Bank data showed the sustainability of the stability of cash in the kingdom, supported by a record level of foreign reserves exceeding $ 22.8 billion in late April, covering imports of the kingdom’s goods and services, for a period of 8.8 months.
The national exports of the kingdom recorded growth at the end of last February this year of 8.1%, at a value of 1.309 billion dinars, against 1.211 billion dinars for the same period compared to 2024.
The total exports of the kingdom increased by the end of February of this last year by 9.1%, to record 1.449 billion dinars, against 1.323 billion dinars for the same period compared to 2024.
During the first quarter of this year, the Kingdom’s tourist income recorded growth of 8.9% compared to the same period last year 2024, where it recorded 1.217 billion dinars.
The inflation rate remained low and stable at 2.0% during the first quarter of this year, with expectations of its stability around 2.2% throughout the year 2025 in progress.
Customer deposits increased with banks operating in the kingdom of 6.8% on an annual basis, reaching 47.4 billion dinars at the end of last March of this year.
The balance of credit facilities was recorded by banks, an increase of 3.9% on an annual basis, to 35.2 billion dinars.
Shipments of workers’ funds abroad recorded a 2% increase in the first two months of this year 2025, reaching 606 million dollars.
The kingdom experienced a good shipping activity during the first third of the current year, because the number of containers received via the port of AQABA containers increased by 22.5%, as well as 12.8%, compared to the same period last year.
The data of the World Gold Council said that Jordan had raised its gold reserves to 72.27 tonnes at the end of the first quarter of this year, against 71.65 tonnes at the end of 2024.
The report of the first quarter of 2025, for the executive program for the vision of the economic update 2023-2025, indicated the presence of stages and practical efforts which continue to continue the stimulating sectors and to carry out concrete achievements, in particular linked to the sustainable growth on which the economic plan of the country has concentrated.
According to the economic affairs specialist, Dr. Ahmed Al -Majali, “Economic indicators in Jordan are recorded during the current period, a good performance that shows the basic food of the national economy, and these developments deserve an appreciation, in particular in the light of a turbulent regional environment and growing financial pressure.”
Al -Majali told the Jordan news agency (Petra) that direct economic impact generally appears in the medium or long term, in particular with regard to structural reforms and economic transformation plans.
He added: “The government benefits from this momentum to increase the financial space at its disposal, which allows it to absorb the deficit of the public budget without using severe austerity measures.”
He added that sectors such as information technologies, tourism, trade and certain transportation services attend an early advantage due to the expansion of demand, while other sectors such as industry and agriculture need more time to choose the fruits of repairs, due to complications of modernization and their capitalist nature.
Al -Majali said: “The most important thing in this scene is not abstract indicators, but rather the sustainability of improvement. The positive point of view which is reinforced by the economic modernization plan must remain supported by a strong executive will and institutional communication which guarantees that the path of reform is not retracted.”
He added: “In this context, it seems that the confidence of citizens in the will of the government is high, in the light of clear messages that there is a serious commitment to the implementation, not only to announce the plans.”
And that international reports have indicated that Jordan, despite the extent of the budget deficit, was able to maintain the sustainability of financial conditions, thanks to the growth which enabled it to extend the financial space, stressing that this is important; Because it improves the government’s ability to finance and prevents the erosion of confidence in the local economy.
Al -Majali stressed that Jordan must today work to transform quantitative improvement into a qualitative improvement that the citizen feels, improves the competitiveness of the national economy and establishes a more dynamic and lasting commercial environment.
For his part, the director general of the Jordanian Businessmen Association, Tariq Hijazi, stressed that the national economy has a high degree of efficiency and flexibility in the treatment of geopolitical challenges at regional and international levels, which is reflected in the confidence of international institutions by releasing and stabilizing the credit notes of the Kingdom.
He explained that financial and monetary stability and progress made in the implementation of economic, administrative and financial reforms, as well as the stability of macroeconomic indicators, have all helped preserve the pace of economic growth, noting that the arrival of foreign reserves to an unprecedented file reflects the strength of the monetary apparatus and strengthens confidence in the national economy.
He stressed that the national economy had recorded growth of 2.5% in the past year, exceeding initial estimates of 2.3%, supported by the high performance of main sectors such as agriculture and manufacturing industries, which has strengthened the position of Jordan as a stable economic center in an area suffering from instability.
Hegazy thought that this growth confirms the effectiveness of government policies, procedures and decisions and its commitment to passing the transition to a more productive, open and polarizing economy for investment.
He explained that the Fitch Classification of the Credit of Credit of Jordan in the long term foreign currencies at -BB with a stable future look, as well as the classification of the “Moody’s” agency for Jordan at BA3 parts, is proof of the force of the national economy and its ability to overcome the challenges.
He said Jordan is one of the most eminent Arab and regional economies stabilizing and attracting investments, thanks to the stable trade environment and the presence of a strong private sector that helps stimulate investments and development projects in many sectors.
He has seen the importance of working to develop strategic plans and studies, and to adopt effective economic decisions that contribute to supporting the national economy, while trying to reach growth rates above 3% in the next two years 2026 and 2027.
He underlined the need to strengthen the partnership between the public and private sectors in the implementation of investment projects and to benefit from private sector experiences to attract investments, with the importance of its involvement in influential economic decisions.
Hegazy underlined the need to support the development and investment of services in various regions of the kingdom and to accelerate the implementation of main investment projects, because it is one of the vital priorities to stimulate economic growth and offer employment opportunities to young people in the context of the vision of economic modernization .- (Petra).
