Judges: Indicators Show Growth Potential
Jordanian Minister of Industry, Trade, and Supply, Yareb Qudah, stated that recent economic indicators demonstrate the strength of the Jordanian economy and its capacity for growth despite regional and global challenges. Total exports during the first half of the year increased by more than 14% compared to the same period last year, with continued growth in national exports by 6.2% and re-exports by 44%. Additionally, Aqaba Port experienced improved operational efficiency, with container handling increasing by over 5%. Efforts to diversify export sectors and establish preferential trade agreements with several markets aim to open new markets and add value. The government plans to launch projects valued at $10 billion to boost economic growth, including initiatives in water, energy, transportation, and infrastructure, with the goal of increasing local production and reducing reliance on gas imports.
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