IMF predicts Jordan's GDP to expand by 3.7pct in 2016


(MENAFN- Jordan News Agency) Jordan's gross domestic product (GDP) is forecast to grow by 2.9 per cent in 2015 and reach 3.7 per cent in 2016, according to a report by the International Monetary Fund (IMF).

In its World Economic Outlook report issued on Wednesday, the IMF said it expects the consumer price index (CPI), inflation, to edge up by 0.2 per cent this year and to rise above 3.1 per cent next year.

With regard to the current account deficit, the report predicted that it will comprise 7.4 per cent of GDP down to 5.6 percent next year.

According to the report indicators, the GDP per capita in Jordan amounted to $5,375 in 2014.


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