IMF Raises Jordan’s Economic Growth Forecast for Next Year to 3%

IMF Raises Jordan’s Economic Growth Forecast for Next Year to 3%
IMF Raises Jordan’s Economic Growth Forecast for Next Year to 3%
The International Monetary Fund (IMF) has raised its forecast for Jordan’s economic growth for next year by 0.1%, bringing it to 3%, compared to the previous estimate of 2.9%, according to the “Regional Economic Outlook for the Middle East and Central Asia – Fall 2025” report released on Tuesday.اضافة اعلان

According to the report, translated by Al Mamlaka TV, the IMF noted that Jordan continues to demonstrate a balanced and stable performance among oil-importing countries in the Middle East and North Africa.

The report explained that after achieving real growth of around 2.5% in 2024, the Fund expects growth to rise to 2.7% in 2025 and further to 3% in 2026, supported by increased activity in tourism, industrial exports, and workers’ remittances.

Support for Reform Programs

The IMF reaffirmed its continued commitment to supporting several countries in the region, including Jordan, to enhance economic stability and advance structural reforms. It explained that its financing programs aim to strengthen financial resilience and sustainability in the face of regional and global challenges.

The report stated that since the beginning of 2024, the IMF has approved $21.4 billion in financing for programs in Egypt, Jordan, Morocco, and Pakistan, as part of efforts to support reform initiatives and economic stability in these countries.

Jordan continues to implement both the Extended Fund Facility (EFF) valued at $1.2 billion and the Resilience and Sustainability Facility (RSF) worth $744 million, aimed at supporting financial stability and advancing economic and environmental reforms.

Completion of the fourth review under the EFF will make available 97.784 million Special Drawing Rights (approximately $130 million), while completion of the first review under the RSF will provide 79.182 million Special Drawing Rights (around $114 million).

According to the IMF’s earlier “World Economic Outlook” report, monitored by Al Mamlaka and released in early October, Jordan’s real GDP growth was projected at 2.5% in 2024, 2.7% in 2025, and 2.9% in 2026.

The IMF expects Jordan’s economy to maintain steady growth over the next two years, supported by macroeconomic policies and structural reforms implemented under IMF-supported programs.

The report also forecasts that inflation will reach around 2.5% in 2025, compared to 2.3% in 2024, before slightly easing to 2.4% in 2026. It further projects that total public debt will decline from 87% of GDP in 2024 to 84.6% in 2025, and then to 82% in 2026.

Al Mamlaka TV