IMF predicts 3.8 percent growth in Jordan's GDP


(MENAFN- Jordan News Agency) The International Monetary Fund (IMF) forecast a growth of 3.8 percent in Jordan's Gross Domestic Product (GDP) in 2015, which will continue to grow gradually to 4.5 percent in 2016.

On the sidelines of the spring meetings of the IMF and the World Bank in Washington, the IMF noted in the World Economic Outlook (WEO) report issued today, that it expected the GDP growth in the Middle East and North Africa to reach 2.7 percent in 2015 and 3.7 percent in the next year, while it showed a stable GDP in Jordan, at around 4.5 percent, until 2020.

The Consumer Price Index is predicted to be around 1.2 percent for 2015, rising to 2.5 percent in 2016, according to a copy of the WEO report obtained by Petra.


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