CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

World / Middle East

Jordan sees economy down 3% in 2020 due to coronavirus

Published: 03 May 2020 - 06:59 pm | Last Updated: 02 Nov 2021 - 11:58 pm
A man wears a protective face mask as he walks along the main market in downtown after the government eased the restrictions on movement aimed at containing the spread of the coronavirus disease (COVID-19), in Amman, Jordan April 29, 2020. REUTERS/Muhamma

A man wears a protective face mask as he walks along the main market in downtown after the government eased the restrictions on movement aimed at containing the spread of the coronavirus disease (COVID-19), in Amman, Jordan April 29, 2020. REUTERS/Muhamma

Reuters

AMMAN:  Jordan's cash-strapped economy is expected to contract around 3% in 2020 due to the impact of the coronavirus, the finance minister said on Sunday.
The International Monetary Fund (IMF), which last March approved a four-year $1.3 billion programme with the kingdom, had expected Jordan’s economy to grow around 2.1% in 2020 then gradually rise in the next few years to 3.3%.
"The impact of the big economic blow that hit the local economy has been deep and this will continue," Mohammad Al Issis said in a remarks on state television. (Reporting by Suleiman Al-Khalidi; Editing by Andrew Cawthorne)