Page 267 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/23/25, 11:45 AM UAE-Jordan Cepa to come into effect on Thursday | The National
New York-based S&P forecasts Jordan's economic growth at 2.7 per cent in 2025,

provided regional security situation stabilises, tourism recovers and trade with

Syria and Iraq starts to rise gradually. Tourism alone contributes about 15 per cent

to the kingdom's GDP, about three quarters of which comes from Arab visitors, the

agency added.

Fitch Ratings, however, expects a lower 2.1 per cent expansion this year, down

from 2.2 per cent last year, citing the kingdom's dependence on US exports among
Middle East and North African countries, making it the region's most exposed

nation to US tariffs.

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