World Bank expects Jordan's economy to grow by 2.6% this year

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World Bank. (File photo: Jordan News)
AMMAN – In a report released Thursday, the World Bank predicts that Jordan's economy will grow by 2.6 percent this year. The report also anticipates a decline in economic growth in the region's countries to 1.9 percent as reported by Ammon News. اضافة اعلان

The report notes that Jordan's GDP growth is expected to slow down to 2.5 percent next year.

Moreover, it anticipates a decrease in the total GDP growth rate for the region to 1.9% in 2023, down from 6 percent in 2022, due to reduced oil production, low oil prices, global financial tightening, and rising inflation.

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