National exports grew over 36% in 2022, says minister

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(File photo: Jordan News)
AMMAN — Deputy Prime Minister for Economic Affairs and Minister of State for Public Sector Modernization Nasser Shraideh highlighted he government's achievements despite challenges posed by the COVID-19 pandemic, the Ukrainian crisis, and the rise in energy and goods prices during a press briefing.اضافة اعلان

Shraideh reported that the government succeeded in achieving a growth rate of 2.7 percent and an unprecedented increase in national exports, which reached over 36 percent.
Foreign investment in Jordan increased by 67 percent, with more than JD600 million in foreign investments in the Kingdom last year.
Excluding phosphates and potash, the export growth rate is expected to exceed 22 percent, he added.

Additionally, foreign investment in Jordan increased by 67 percent, with more than JD600 million in foreign investments in the Kingdom last year, he added.

Foundations for economic growthCompleting five reviews with the International Monetary Fund, according to Shraideh, is an important step towards establishing the rules and foundations for achieving the growth target of 3 percent in 2025, as well as increasing foreign investment to more than JD1 billion by 2025, increasing exports, and the per capita share of the gross national income.


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