Jordan: Economy maintains revival with financial rules, vaccination plan

(MENAFN) The Jordanian economy pursues its revival from the effect of Covid-19 due to financial and economic regulations, and an enhanced immunization pan, reported the International Monetary Fund. Jordan–s economy is predicted to increase 2 percent in the present year and 2.7 percent in 2022, after attaining a deal on the workers– level regarding the third examination of Jordan–s economic improvement plan in its Extended Fund Facility contract, stated the IMF. The IMF mentioned, –Despite the challenging circumstances brought on by the pandemic, sound policies have helped maintain macroeconomic stability,– adding –the government is on track to narrow its fiscal deficit by 1 per cent of GDP in 2021, reflecting robust revenue collection on the back of a significant institutional effort to tackle tax evasion and improve tax compliance.–