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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Jordan Lays Out 10-Year Blueprint to Revive Economy

Jordan's King Abdullah II and Crown Prince Hussein attend the launch of the Economic Modernization Vision, at the King Hussein bin Talal Convention Center at the Dead Sea, Jordan June 6, 2022. (Jordanian Royal Palace/Handout via Reuters)

Jordan unveiled on Monday a major development strategy for the Middle Eastern country up to the next 10 years targeting doubling its growth to help it rejuvenate an economy hit by regional turmoil.

The plan was a major plank of reforms pushed by King Abdullah since last year to help the oil importing country reverse a decade of sluggish growth hovering at around 2% that was worsened by the pandemic and conflict in neighboring Iraq and Syria.

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