IMF: Jordan’s economy to grow by 2.5pct in 2018; 2.7pct in 2019
Washington, Jordan’s economic growth will rise from 2.3 percent in 2017 to 2.5 percent in 2018 and to 2.7 percent in 2019, the International Monetary Fund (IMF) said in a report on Tuesday.
The report was presented by the IMF Economic Counsellor at the International Monetary Fund Maurice Obstfeld, at a joint press conference with Deputy Director of the Research Department at the IMF, Gian Maria, and Deputy Chief of the World Economic Studies Division in the IMF Malhar Nabar.
The report, which was presented on the sidelines of the IMF’s spring meetings, expected inflation to fall from 3.3 percent in 2017 to 1.5 percent in 2018 and to around 2.5 percent in 2019. The current account deficit is expected to fall from 8.7 percent in 2017 to 8.5 percent in 2018 and 2019.
Source: Jordan News Agency