The International Labour Organization (ILO) in collaboration with the Swiss Agency for Development and Cooperation (SDC) recently released an in-depth report on employment issues facing Jordanians, economic migrants, and refugees. With the Department of Statistics (DOS) revamping their methodology of…
Last month, World Bank’s Spring 2017 issue of the Jordan Economic Monitor was released in the height of high unemployment and slow economic performance in the Kingdom. The Jordan Economic Monitor, a product of the World Bank’s Global Practice for Macroeconomics…
Unemployment in Jordan and other Arab countries weighed down by the region’s twin security and refugee challenges will remain stuck at around 15 percent this year, the International Labour Organization (ILO) said in a new report “The unemployment rate for…
Despite having to contend with regional turmoil and significant domestic challenges, the IMF’s Mission Chief for Jordan believes the Kingdom’s economy will keep expanding in 2017. By Dina al-Wakeel It’s been a trying few years for Jordan’s economy. From raging…
Jordan’s Finance Minister, Omar Malhas, says the country will have to make some tough economic choices in 2017. By Dina Al Wakeel Jordan’s public debt now stands at almost 95 percent of GDP, and unemployment is running at around 16…
Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…
The EU says its new Rules of Origin agreement with Jordan will give the Kingdom’s exports a much-needed boost and help ease the impact of the Syrian refugee crisis. By Dina Al Wakeel Hosting hundreds of thousands of Syrian refugees…
The European Union last month agreed to grant Jordanian exports preferential access to the world’s richest trading bloc in a deal designed to ease the impact of the Syrian refugee crisis. “This agreement will make it easier for Jordan to…
Jordan is expected to begin talks with the IMF this month to try to secure an Extended Fund Facility (EFF) with the international lender worth between $700 and $800 million. The talks come after Jordan successfully completed a three-year, $2…
Jordanian farmers are set to benefit from new export routes and a drive to incorporate thousands of Syrian refugees into the domestic workforce. Oxford Business Group Despite high domestic production, food exports continue to be hampered by the closure of…