ESCWA: Jordan faced extra costs from war
The article focused on the economic challenges faced by Jordan as a result of the U.S.-Israeli war with Iran, where the government bore an additional financial cost estimated at 0.691% of the gross domestic product, the highest among Arab countries. The government offset the rise in fuel prices by reducing the prices of flour and wheat, while gradually maintaining stability in gas and oil prices. It also ensured the availability of a strategic stockpile of essential goods sufficient to last between six and ten months. Additionally, measures were implemented to reduce public spending, such as cutting down official delegations' travel, in an effort to lessen the financial burden and stabilize prices. Despite the increased costs in the energy and supply sectors, the government remained committed to safeguarding food security and maintaining citizens' livelihoods.
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