Fitch Ratings has given Jordan a "BP-" rating with a "stable" outlook. Jordan's rating underpins a record of macroeconomic stability, progress on fiscal and economic reforms, flexible financing linked to the liquid banking sector, the public pension fund, and international support.
Jordan's economy is constrained by high government debt, moderate growth, risks from domestic and regional policies, current account deficits, and net external debt that exceed those of credit-rated countries.
Jordan has maintained its economic and political stability despite major shocks, but these shocks have led to lower growth and a significant accumulation of government debt.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
