Jordan’s Economy Grows by 6.4%

AMMAN, 3 April 2007 — Jordan’s Gross Domestic Product (GDP) grew by 6.4 percent in 2006 relative to the previous year despite adverse political and economic circumstances, head of the state-run Statistics Department Ghazi Shbeikat said yesterday.

He told a press conference that the country’s foreign and internal indebtedness retreated to 72.7 percent from 83.5 per cent as a ratio of the GDP. According to the latest monthly bulletin of the Central Bank of Jordan, the country’s external indebtedness stood at 5.089 billion dinars ($7.2 billion), while the internal public debt amounted to 2.845 billion dinars at the end of 2006.