IMF: Jordan's economy will grow in 2012

Published October 10th, 2012 - 09:13 GMT
The IMF claims Jordan's economy will grow this year and continue to for the next five years
The IMF claims Jordan's economy will grow this year and continue to for the next five years

An International Monetary Fund (IMF) report said that Jordan's Gross Domestic Product will grow by 3 percent this year and the upward trend will continue in the next five years.

The updated report on scopes of the world economy published on the fund's website forecasts that the GDP in the Kingdom will grow by 3.7 percent in 2013 and 4.5 by 2017.

According to the report, unemployment in the Kingdom will remain around the current figure of 12.9 percent, the same figure recorded last year.

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