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Jordan's GDP grows by 2.5 percent
(MENAFN) Jordan's economies increased by 2.5 percent last year, while the Intl' financial organizations predicted the kingdom's economy to grow by 3.2 Pct this year.
Accordingly, Jordan's GDP expected to grow by 2.9 percent, but due to slower economic activity which stood at 2.3 percent, it was reduced to 2.5 percent.
However, the IMF forecasted it to remain low at 0.2 percent this year and 2.1 percent in 2017, while in 2015 was put at 0.9 percent.
In addition, current account balance to the GDP is predicted to narrow from 8.8 percent in 2015 to 6.4 percent this year and 5.6 percent next year.
Accordingly, Jordan's GDP expected to grow by 2.9 percent, but due to slower economic activity which stood at 2.3 percent, it was reduced to 2.5 percent.
However, the IMF forecasted it to remain low at 0.2 percent this year and 2.1 percent in 2017, while in 2015 was put at 0.9 percent.
In addition, current account balance to the GDP is predicted to narrow from 8.8 percent in 2015 to 6.4 percent this year and 5.6 percent next year.
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