The World Bank’s (WB) latest regional economic update indicated that Jordan’s real GDP growth per capita is forecast to grow by 1.9 per cent in 2022.
This came at a WB’s report titled “Overconfident: How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19.”
The estimated cumulative cost of the pandemic in terms of GDP losses in the region by the end of this year will amount to almost $200 billion, the report said, noting that these costs are calculated by comparing where the region’s GDP would have been if the pandemic had not hit.
Source: Jordan News Agency