You are here

Economic indicators are gradually improving — Halawani

By Petra - Nov 01,2014 - Last updated at Nov 01,2014

AMMAN — Industry and Trade Minister Hatem Halawani on Saturday said economic indicators are gradually improving. He told investors from the King Abdullah II Industrial Estate and from Al Muwaqqar Industrial Estate that the budget deficit and the inflation rate have dropped besides an increase in the exports’ value. At the meeting, attended by Jordan Industry Chamber President Ayman Hatahet, Halawani said the economy is going in the right direction, noting that Ministry of Finance figures attest to the stability of the Kingdom's financial situation. Halawani predicted that the economy will grow by 3.5 per cent by the end of this year, expecting the rate to go up to 4.5 per cent in 2015. Hatahet highlighted the chamber’s efforts to provide all facilities to investors, underlining the importance of arriving at a clear work plan for the development of the national industry.

218 users have voted.


Get top stories and blog posts emailed to you each day.