DEAD SEA (Jordon), May 25: Jordan’s economy is expected to grow around 3.5 per cent this year driven by remittances, higher domestic consumption and some pickup in construction activity, the kingdom’s Central Bank governor said on Saturday.
Ziad Fariz told Reuters on the sidelines of a World Economic Forum (WEF) conference on the Middle East that the latest estimate, compared to 2.7 per cent growth posted last year depended on several factors, including the extent of the impact of a large Syrian refugee influx on the aid dependent economy that would only become clearer by year-end.
Jordan’s economy, which imports almost all its energy and commodity needs, has suffered from Arab Spring uprisings in the region. —Reuters






























