By the Blouin News Politics staff

Jordan still growing despite enormous Syria strain

by in Middle East.

The Zaatari refugee camp in Jordan. (Source: World Bank Photo Collection/flickr)

The Zaatari refugee camp in Jordan. (Source: World Bank Photo Collection/flickr)

Jordan is an oasis of stability in the turbulent Middle East, but the country is under enormous strain. On Friday the IMF affirmed the country’s positive economic outlook, but reduced its GDP growth projection for next year yet again, citing spillover effects from the conflicts in Iraq and Syria as key factors. It expects GDP to grow by 2.5-3% next year, a step down from the 3.2% projected last month and well below the 3.7% that the government predicted.

Violence in Syria and Iraq harms everything that Jordan needs, including trade, investment, tourism, and security.

Additionally, Jordan has absorbed some 638,000 Syrian refugees since the civil war broke out there in 2011. But providing for them is stretching the government’s finances…

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