Middle East Economic Survey
Jordanian Economy Shows Exceptional Growth In 2004, Says IMF
The Jordanian economy grew at an exceptionally strong pace in 2004 with GDP increasing by 7.7%, mainly due to an surge in domestic demand said the IMF following the conclusion of Article IV consultations in November 2005. Inflation remained low at 3.4% and unemployment fell to 12.5% while the 'Amman Stock Exchange (ASE) index rose by 62%. The budget deficit, including...