Amman – Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), said that Jordan has managed to maintain a stable growth pace despite regional challenges and disruptions. He confirmed that the Jordanian economy has continued to grow steadily, with slight improvements in its growth rates, reflecting its ability to absorb external pressures and adapt to regional developments.
اضافة اعلان
Azour made these remarks in response to a question from Al-Mamlaka during a press conference held in Washington on the sidelines of IMF and World Bank meetings regarding the economic outlook for the Middle East. He noted that countries in the region have faced an unprecedented number of economic and geopolitical shocks, yet neighboring countries like Egypt and Jordan have managed to adapt with remarkable resilience.
He emphasized that Jordan successfully weathered major shocks in recent years, particularly those affecting the tourism sector due to geopolitical events.
Azour added that Jordan has maintained economic stability and has seen slight improvements in growth levels and continuity in the recovery cycle, which has been a key factor in enhancing its economic resilience.
He further explained that any improvement in the geopolitical situation in the region would have direct positive effects on Arab economies, noting that accelerating economic adaptation is essential to strengthening these positive prospects.
Stable Economic Growth
The IMF report expects Jordan’s economy to continue achieving stable growth over the next two years, supported by macroeconomic policies and structural reforms being implemented with the Fund’s assistance.
According to the report titled “World Economic Outlook – October 2025”, monitored by Al-Mamlaka, real GDP growth in Jordan is expected to reach 2.7% in 2025, compared with 2.5% in 2024, and accelerate to 2.9% in 2026.
The IMF also forecasts inflation to be around 2.5% in 2025, compared with 2.3% in 2024, before slightly declining to 2.4% in 2026.
The report indicated that the current account deficit is expected to gradually decrease from 5.6% of GDP in 2024 to 5.2% in 2025, and then to 5.0% in 2026. Meanwhile, the overall fiscal deficit is projected to decline from 2.8% in 2024 to 2.6% in 2025 and 2.3% in 2026.
Data also show that total public debt is expected to fall from 87% of GDP in 2024 to 84.6% in 2025, and further to 82% in 2026.
These forecasts are part of a broader outlook for the Middle East and North Africa region, where the IMF predicts economic growth of 3.3% in 2025, up from 2.1% in 2024, driven by increased capital spending in Gulf countries and improved economic activity in oil-importing countries, alongside declining inflation rates and stable energy prices.
—Al-Mamlaka
