Jordan Economy Sector Research Highlights
Jordan Economy Sector Research Highlights
OBG Global CEO survey 2020: Charting the risks and rewards faced by emerging markets
Oxford Business Group (OBG) began its CEO Survey in 2016 with the aim of giving our clients a handle on sentiment in the various markets we cover. Sentiment is of course intangible, but it is an all-important factor in the decisions business people and investors make when they weigh up their risk appetite. In turn, sentiment informs the level of confidence with which they view a market. It is also…
Jordan Economy Infographic 2016: Turning towards opportunity
Despite facing a set of extraordinary external and internal challenges over the past several years, the Jordanian economy remained resilient in 2015, with real GDP growth reaching 2.4% that year. The government is working with the IMF to implement fiscal reform policies, supported by low global oil prices, to reduce the kingdom’s fuel import bill, which should have seen GDP growth and major macroeconomic…
No turning back: preserving diversification gains amid rising oil prices
All eyes were understandably on Vienna at the end of June, and the gathering of oil ministers from the Organisation of the Petroleum Exporting Countries (OPEC). Their decision to increase output was endorsed by the non-OPEC producers who signed up to the original cuts 18 months ago. Oil prices are a thorny issue for the Gulf economies as their diversification strategies accelerate. On…
Jordan: Economic Snapshot 2018
Significant progress in implementing an IMF-backed reform agenda in 2016 marked a turning point for the economy, helping Jordan reduce its budget deficit and bring GDP growth in constant prices from a 25-year low of 2% in 2016 to 2.2% the following year. While the latter figure was still below target, the Jordan Economic Growth Plan 2018-22 aims to put the country back on track towards meeting its…
How are Jordanian CEOs interpreting the government’s budget reform efforts?
Jordan has been a bastion of stability in an otherwise volatile region. It largely escaped the Arab Spring and, despite economic difficulties, has enacted reforms to meet IMF assistance requirements. However, recent years have put increasing strain on the country’s finances, with a decline in its donations from Gulf Arab allies on the back of lower oil prices, as well as a huge influx of Syrian…
OBG Business Barometer: Jordan CEO Survey 2018
OBG Business Barometer: Jordan CEO Survey Copyright (c). All rights reserved. This survey has been designed to assess business sentiment amongst business leaders (Chief Executives or equivalent) and their outlook for the next 12 months. Unlike many surveys, the OBG Business Barometer is conducted by OBG staff on a face-to-face basis, across the full range of industries, company sizes and functional…
Abdulwahab Al Bader, Director-General, Kuwait Fund for Arab Economic Development: InterviewOBGplus
Interview: Abdulwahab Al Bader Which sectors of Jordan’s economy have the most development potential? ABDULWAHAB AL BADER: It is the KFAED’s policy to respect the development priorities of its emerging economy partners. In this way, the KFAED finances projects across various sectors, including transportation, energy, water and sewage, agriculture, industry, education, health, telecommunications…
Prime Minister Hani Al Mulki: InterviewOBGplus
Interview:Prime Minister Hani Al Mulki How will the Jordan Economic Growth Plan (JEGP) 2018-22 support Jordan Vision 2025? HANI AL MULKI: The JEGP aims to revive economic momentum and expand the country’s development capabilities by creating sector-specific economic and financial programmes to support the policies laid out in Jordan Vision 2025. The plan seeks to place Jordan on the path…
Muhannad Shehadeh, Minister of State for Investment Affairs: InterviewOBGplus
Interview:Muhannad Shehadeh What would you identify as the main priorities in attracting investment in the year to come? MUHANNAD SHEHADEH: Attracting high value-added investments that create jobs and enhance local communities’ development across the kingdom is a central priority and a main concern for me personally. We want to establish Jordan as a regional hub for investments as well as…