OIC Economies

Jordan’s real GDP growth per capita forecast to grow by 1.9% in 2022


Published 07 Oct,2021 via The Jordan Times - The World Bank’s (WB) latest regional economic update indicated that Jordan’s real GDP growth per capita is forecast to grow by 1.9 per cent in 2022, after declining by -2.5 in 2020.

The regional economic update titled “Overconfident: How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19”, said that that MENA’s health systems were stressed prior to the pandemic.

High public wage bills crowded out investments in social services such as health, a symptom the report describes as “fiscal myopia”.

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