EBD lauds Jordan’s Iran conflict response
The European Bank for Reconstruction and Development has confirmed that Jordan has taken measures to address the rise in energy prices resulting from the war in the Middle East, including reducing travel, conserving energy, and supporting the agriculture and tourism sectors. Economic forecasts predict that the Jordanian economy will grow by 2.8% in 2027, with a potential improvement following a 2.8% growth in 2025 and an expected slowdown to 2.6% in 2026. The Jordanian economy faces challenges due to a decline in tourism and rising import costs, though natural gas supplies were quickly restored, and reserves helped avoid major disruptions.
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