Jordan one of the safest countries in MENA region — Fitch Solutions

(File photo: Jordan News)
AMMAN — Jordan has been ranked seventh among 19 countries in the MENA region on social and political stability risks index, according to a report issued by Fitch Solutions. The credit risk and strategy decisions company believes that Jordan will remain one of the safest countries in the region, Al-Mamlaka TV reported.اضافة اعلان

It added that Jordan will continue to receive support from the International Monetary Fund (IMF) and the Gulf states, which will help limit the risks of economic shocks.

Recently the IMF’s executive board approved the disbursement of $335.2 million to Jordan with the completion of the third audit of a four-year program, with a total amount of $1.5 billion which makes 3.3 percent of the GDP.

The IMF loan comes on top of ongoing support from the US and Gulf states, including a $50 million Saudi grant in April 2022; the fourth installment of a $2.5 billion package agreed with Saudi Arabia, Kuwait, and the UAE in 2018.

Read more Business
Jordan News