Jordanian Economy Set for Growth Despite Regional Challenges

Amman: Jordanian Businessmen Association (JBA) President Ayman Alawneh expressed confidence in the national economy's positive trajectory for 2025, highlighting its resilience amidst regional challenges. Speaking at the JBA's annual general meeting, which he chaired on Sunday evening, Alawneh emphasized the economy's stability despite exceptional circumstances, noting growth and improvements in key sectors.

According to Jordan News Agency, Alawneh identified vital sectors such as exports, tourism, and real estate as showing improved indicators. These sectors have been strengthened by balanced economic and financial policies alongside government measures that have bolstered confidence in the national economy. Alawneh also mentioned the pivotal phase the Jordanian economy is entering, focusing on opportunities for significant progress aligned with the Economic Modernization Vision and strategic projects in water, transport, energy, and infrastructure sectors.

The Kingdom's stable credit ratings have been sustained by macroeconomic discipline, reforms, flexible financing, a strong banking sector, and international support. Alawneh highlighted the business community's anticipation for a more dynamic and competitive phase through enhanced partnerships between the public and private sectors, aiming to accelerate the Economic Modernization Vision's objectives and contribute to sustainable growth.

The JBA, established in 1985, serves as the primary organization for business leaders and economic institutions in Jordan. It plays an active role in supporting national economic development and enhancing competitiveness. The meeting also reviewed the association's annual report, which featured key activities such as establishing the Jordanian-Georgian Business Council, convening the Jordanian-Turkish Business Council, and signing memoranda of understanding with various local and international institutions.