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Stability Reform Returns
Jordan’s economy faces a balancing act: monetary and fiscal stability that has weathered crises, alongside expected growth of around 3% that is not translating sufficiently into higher incomes and more job opportunities. Unemployment among Jordanians reached about 21% in the second quarter of 2026. The article argues that the challenge lies in the nature of growth and how its gains are distributed. It warns against making low-income households bear the cost of reform through taxes and the cost of services, or directing borrowing toward spending that does not strengthen production. It calls for more efficient public spending, investment incentives tied to job creation and training, greater productive investment in the governorates, and assessment of the social and economic impact of policies. The success of reform, it concludes, depends on turning stability into jobs, higher incomes, and better services.
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