RIYADH: Fitch Ratings has confirmed that Jordan has maintained economic stability amidst regional challenges, holding a “BB-” rating with a stable outlook.
The agency noted that the country’s score reflects a heightened vulnerability to default risk, particularly in the face of adverse business or economic changes.
Highlighting Jordan’s commitment to fiscal consolidation, Fitch predicted a decline in the general government budget deficit to 2.2 percent of gross domestic product…
