The credit rating agency Moody’s has affirmed Jordan’s long-term sovereign credit rating at 'Ba3' in both local and foreign currencies, maintaining a "Stable" outlook. This move reflects a balance between the resilience of the Kingdom's economic policies and the structural challenges facing the economy.
اضافة اعلان
The agency noted that its decision is based on the strength and effectiveness of Jordan’s economic and fiscal policymaking institutions, alongside continued international financial and technical support, and a solid base of domestic savings that bolsters economic stability.
Key Highlights of the Report:
Regional Context: Moody’s indicated that the stable outlook reflects expectations that the impact of regional developments on the Jordanian economy will remain relatively limited.
Growth Potential: The agency pointed to potential for improved economic performance if the government successfully implements ongoing reforms and attracts further foreign direct investment (FDI).
Policy Continuity: The rating comes as the Jordanian government continues its economic reform program aimed at stimulating growth, enhancing the investment climate, and maintaining fiscal stability amidst complex regional and international conditions.
