Tourism Revenue Hits $3.7 Billion in First Six Months of 2025 - Jordan News
Tourism revenue grew in the first half of 2025 from Asian nationals by 42.9%, Europeans by 35.6%, Americans by 25.8%, Arabs by 11.5%, and other nationalities by 43.0%. Meanwhile, income from Jordanian expatriates decreased slightly by 0.8%.
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Jordan's Steady Fiscal Path: A Balanced Approach to Growth and Debt Management - Jordan News
Amid ongoing global and regional economic uncertainty, Jordan continues to make meaningful strides in strengthening its fiscal position and preserving macro-financial stability. Recent figures underscore the effectiveness of the government's disciplined approach to debt management, fiscal consolidation, and monetary stability — all of which reaffirm investor confidence in Jordan's economic trajectory. اضافة اعلان According to the latest data released by the Ministry of Finance, by the end of June 2025, Jordan's public debt (net of Social Security Investment Fund holdings) had declined to approximately JD 35.3 billion, bringing the debt-to-GDP ratio down to 91%, a gradual but important improvement from the 93% level recorded earlier in the year. This reflects the government's prudent debt strategy, which favors diversified, lower-cost financing tools such as sukuk issuance and concessional borrowing, while simultaneously reducing exposure to high-yield international debt markets during a period of elevated global interest rates. On the monetary front, foreign reserves remain solid at USD 22 billion, offering comfortable coverage of 8 to 9 months of imports, while gold reserves have expanded to JD 5.455 billion, highlighting the central bank's proactive reserve management in response to persistent geopolitical and economic uncertainties. In terms of real economic performance, the Jordanian economy continues to show signs of resilience. GDP growth reached 2.7% in the first quarter of 2025, supported by structural reforms aimed at enhancing competitiveness and stimulating private sector activity. Inflation remains contained at 1.98%, underscoring the credibility of the Central Bank's monetary policy framework. Nonetheless, external sector imbalances persist, with the current account deficit standing at 7.7% of GDP — highlighting the need for continued efforts to boost export capacity and reduce reliance on energy imports. At the policy level, Jordan has maintained a careful balance between fiscal responsibility and social stability under the leadership of His Excellency Prime Minister Dr. Jafar Hassan and his economic team. Recent government initiatives — including tax reductions on vehicles, expanded healthcare allocations, and full coverage for cancer treatment — reflect a pragmatic policy approach. These efforts aim to mitigate the social impact of reform while staying aligned with the broader objectives of the Economic Modernization Vision. On the international front, Jordan's reform progress continues to receive strong recognition. The International Monetary Fund (IMF) recently concluded its third successful review under the Extended Fund Facility (EFF), unlocking a cumulative USD 595 million in disbursements to date. The Fund has commended Jordan's commitment to sound macroeconomic policies, structural reform, and fiscal discipline — all designed to build resilience, accelerate growth, and enhance job creation. A Model of Measured Reform Jordan's current trajectory showcases a measured and credible model of fiscal consolidation and structural reform. Amid heightened global volatility, the Kingdom's ability to preserve monetary stability, improve debt dynamics, and maintain steady growth signals a policy framework rooted in resilience, discipline, and long-term strategic clarity — a framework that continues to reinforce Jordan's reputation as a reliable and stable destination for investment in an otherwise uncertain region.
Jordan News
2 days ago
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Tourism Revenue Hits $3.7 Billion in First Six Months of 2025 - Jordan News
Preliminary data released by the Central Bank of Jordan on Wednesday revealed an 11.9% increase in tourism revenue during the first half of 2025, reaching $3.677 billion. اضافة اعلان The data showed a 3.7% decline in tourism income in June 2025 to $619.2 million, attributed to geopolitical tensions in the region. Tourism revenue grew in the first half of 2025 from Asian nationals by 42.9%, Europeans by 35.6%, Americans by 25.8%, Arabs by 11.5%, and other nationalities by 43.0%. Meanwhile, income from Jordanian expatriates decreased slightly by 0.8%.
Jordan News
3 days ago
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Orange Jordan and StarLink sign an agreement to provide the latest technology solutions for businesses - Jordan News
Strategic partnership agreement between Orange Jordan and StarLink, the leader in digital transformation, to provide the latest technology solutions for businesses. In a significant step that reaffirms its market leadership in Jordan and strengthens its commitment to driving digital transformation in line with the national digital economy strategy, Orange Jordan announced the signing of a new strategic partnership agreement with StarLink, the leading regional IT solutions distributor based in Dubai, and part of the Infinigate group. This partnership aims to expand Orange Jordan's ICT portfolio and provide the business sector with advanced, secure solutions that meet the demands of the digital era. اضافة اعلان The agreement was signed in the presence of Orange Jordan CEO Eng. Philippe Mansour, StarLink CEO Mr. Nidal Othman, and representatives from both companies. This partnership embodies Orange Jordan's strong commitment and continuous efforts to develop and enhance its technical capabilities by offering an integrated ecosystem of advanced solutions that support enterprises throughout their comprehensive digital transformation journey. Through cutting-edge cybersecurity services, cloud computing, and advanced data centers, in collaboration with leading global technology providers, Orange Jordan delivers the best technical solutions that meet customers' aspirations and keep pace with the demands of the digital era. Orange Jordan CEO, Eng. Philippe Mansour, emphasized that Orange Jordan is proud to expand its partnerships with leading technology players in the region, such as StarLink. This strengthens our ability to provide integrated and advanced solutions that support the digital transformation of the business sector in Jordan. This partnership represents a strategic step towards empowering our customers to adopt the latest technologies with confidence and security, contributing to their business growth and enhancing their competitiveness. For his part, StarLink CEO Mr. Nidal Othman, also emphasized the significance of the partnership, stating: 'We are excited to work with Orange Jordan to help accelerate the adoption of advanced technologies in the Jordanian market. Together, we aim to support organizations in navigating the digital landscape with confidence and resilience.' This strategic partnership reflects Orange Jordan's commitment to providing integrated and advanced ICT solutions that support the growth of the business sector in the Kingdom. It also reinforces the company's position as a True Responsible Digital Leader, driving innovation and digital transformation. To learn more, please visit our website:
