National Economy On Positive Trajectory In 2025 - JBA

(MENAFN- Jordan Times) AMMAN - Chairman of Jordanian Businessmen Association (JBA) Ayman Alawneh, said on Monday that the national economy was on a "positive" trajectory in 2025, characterised by resilience and the capacity to withstand regional challenges.

He told the JBA's annual general meeting, which he chaired Sunday evening, Alawneh said the national economy remained steady despite "exceptional" regional circumstances, recording stable growth and improvement in several vital sectors.

The vital sectors with improved indicators were exports, tourism and real estate, supported by balanced economic and financial policies and government measures that bolstered confidence in the national economy, the Jordan News Agency, Petra, reported.

Alawneh said the Jordanian economy is enhancing opportunities for achieving "significant" progress in light of the objectives of the Economic Modernization Vision (EMV) and its implementation programmes, along with strategic projects in the water, transport, energy and infrastructure sectors, despite regional challenges impacting supply chains, trade and investment.

The Kingdom has maintained "stable" credit ratings, supported by macroeconomic discipline, progress in reforms, flexible financing, a strong banking sector and "ongoing" international support, he pointed out.

The business community looks forward to a more dynamic and competitive phase through deepening the partnership between the public and private sectors and accelerating the implementation of the EMV's objectives, thereby contributing to sustainable and inclusive growth, said the JBA head.

The JBA, established in 1985, is the primary umbrella organisation and incubator for business leaders and economic institutions in the Kingdom, and an active partner in supporting the development of the national economy and enhancing its competitiveness, noted Alawneh.

The meeting addressed the association's annual report, highlighting its key activities over the past year.

These included establishment of the Jordanian-Georgian Business Council, the convening of the Jordanian-Turkish Business Council and the signing of MoU with local and international institutions.

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