AMMAN — The government has set targets to
achieve sustainable economic growth by 2025, according to the Economic Modernization Vision (EMV) implementation program, Al-Mamlaka TV reported.
The program outlines a plan to maintain financial reforms by reducing the deficit, limiting the growth of public debt,
and increasing levels of local and foreign private direct investment.
Decrease in inflationThe program targets a decrease in
inflation from 3.8 percent in the current year to 2.5 percent by 2025, and an
increase in the per capita share of GDP from JD3,579 to JD3,982 in 2025.
In addition, it aims to achieve
sustainable export growth in the coming years and maintain capital expenditure
levels for the next three years.
Maintain stabilityThe program also aims to maintain
financial and monetary stability and comfortable levels of foreign reserves at
the Central Bank of Jordan.
The program's macroeconomic framework
assumptions for 2023–2025 also address the continued presence of Syrian refugees, which is a long-term, rather than temporary, phenomenon.
Read more Business
Jordan News
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AMMAN — The government has set targets to
achieve sustainable economic growth by 2025, according to the
Economic Modernization Vision (EMV) implementation program, Al-Mamlaka TV reported.
The program outlines a plan to
maintain financial reforms by reducing the deficit, limiting the growth of public debt,
and increasing levels of local and foreign private direct investment.
Decrease in inflationThe program targets a decrease in
inflation from 3.8 percent in the current year to 2.5 percent by 2025, and an
increase in the
per capita share of GDP from JD3,579 to JD3,982 in 2025.
In addition, it aims to achieve
sustainable export growth in the coming years and maintain capital expenditure
levels for the next three years.
Maintain stabilityThe program also aims to maintain
financial and monetary stability and comfortable levels of foreign reserves at
the Central Bank of Jordan.
The program's macroeconomic framework
assumptions for 2023–2025 also address the continued presence of Syrian refugees, which is a long-term, rather than temporary, phenomenon.
Read more Business
Jordan News
