(MENAFN) According to a report by the International Monetary Fund (IMF) said that Jordan's economy is expected to grow by 3.3 percent, while the Kingdom's inflation is set to rise by 5.9 percent in 2014 but that it would decline to reach 3.2 percent next year, QNA reported.
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The fund also said that it predicts that the country's economy is set to grow 4.5 percent by the end of this year, while Inflation is expected to decline to 2.9 percent at end of 2014 as well and another 2 percent by mid-2015.
"The current account deficit, including grants, would continue to substantially improve to less than 4% of GDP in the outer years of the medium term, mostly reflecting a lower energy import bill. Risks to this outlook remain high, mostly related to the Syria and Iraq conflicts," The IMF said in its report.
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