VOL. XLI

No. 28

13-July-1998

JORDAN

The Jordanian Economic Recession Debate

Jordan's economic growth figures have been the source of controversy over the past fewweeks as various claims of recession, economic crisis and even deception have been made.The Central Bank of Jordan's estimated growth rates of 5.2% and 5% for 1996 and 1997respectively were discredited when the Jordanian Central Bureau of Statistics (JCBS)issued an actual growth rate for 1996 of 0.8%. The Central Bank subsequently...