EBRD latest Regional Economic Prospects report

May 11, 2018
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In a new report, the European Bank for Reconstruction and Development (EBRD) said that Jordan’s economy is expected to see a modest increase in the pace of growth this year and the year after, supported by stronger private consumption driven by a rising population of refugees and the implementation of structural reforms.

The small rise comes amid an upward revision of the outlook for the EBRD’s southern and eastern Mediterranean (SEMED) region, which in addition to Jordan also includes EgyptLebanon, Morocco and Tunisia.

The upward revision reflects a significant upgrade for Egypt, compared with the previous outlook in November 2017, while the 2018 forecasts for Morocco and Lebanon have been revised down. Growth in Tunisia is expected to increase to 2.7 per cent in 2018 from 1.9 per cent in 2017 and gradually pick up to 3.0 per cent in 2019, driven by a continued recovery in tourism and investment, stronger growth in major export markets in Europe, and the implementation of structural reforms.


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Countries covered:

  • Egypt
  • Jordan
  • Lebanon
  • Morocco
  • Tunisia