Jordan's monetary policy is outperforming itself.

Standard & Poor's announced the raising of the long - term sovereign credit rating of Jordan in local and foreign currency from B+ to BB-with a stable outlook from Standard & Poor's for the first time in 21 years despite the global and regional external uncertainty, this comes in less than five months when Moody's also announced last May to raise the credit rating of Jordan for the first time in 21 years from B1 to BA3 with a stable outlook. اضافة اعلان

All this would not have been possible without the measures led by His Majesty the King of Political, Administrative and Economic reforms and His Majesty's direct supervision with His Highness Crown Prince Hussein through the directives of the wise government and the committees that formed and attended meetings, briefings and retreats all reflected on the performance in quantitative and structural reforms that aligned with international economic indicators, headed by the World Bank, the International Monetary Fund and the world credit rating institutions.

The classification carried out by the two most famous international agencies for international classifications of countries has indications and connotations, namely that we have a prudent monetary policy from a professional management of the central bank that entered into a difficult test after the Corona pandemic and the Gaza war, and this policy dealt with all global, regional and local variables with balances and management of the scene with its priorities that would surpass itself.

What we see today from the cash reserves in the dollar is about 20 billion dollars, while a brotherly country like Egypt has reached 47 billion dollars today, and we are both exposed to the same previous conditions.
This Jordanian success in its monetary policy and credit improvements will bring the following benefits to Jordan: - Opening the doors wide to bring investments to Jordan, especially with the new investment law and the distinguished work carried out by the Ministry of investment

    - Facilitation and facilitation in debt scheduling, repayment, and borrowing .
- Maintaining the strength of the Jordanian dinar for the coming period.
- Entering Arab and regional sovereign funds in partnerships and investing in major projects in Jordan.
- Expect a high growth rate for the coming years .
- Inflation has fallen to its lowest levels.

 The difficulty has been overcome, and now we are waiting for the federal cuts on the dollar this month, which will reflect positively on our economy to achieve further growth and create new jobs, especially since we are on the threshold of a new parliament and a new government, which we hope will be mostly economists .

The global economic scene is still foggy and the specter of recession is still in control, and the next stage needs more accurate balances, especially with the rise of global indebtedness, which has reached 315 trillion dollars, from which no country has been spared.

The flexibility of the Jordanian economy and the challenges ahead of us always create opportunities for us that we exploit and the parts that we are working on will improve our economic growth and create more jobs ,the Jordanian dinar is strong and attractive and there is no fear of it with any global or regional tremor.

Expert, Strategic and Economic Analyst 
Engineer Mohannad Abbas haddadin