On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1330 AM Sheboygan, WI

Weather

Current Conditions(Sheboygan,WI 53081)

More Weather »
61° Feels Like: 61°
Wind: NE 6 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Thunderstorms Early 57°

Tomorrow

Partly Cloudy 70°

Wed Night

Mostly Clear 58°

Jordan's first quarter economic growth rises to 2.6 percent

Jordan's King Abdullah speaks during the closing ceremony of the World Economic Forum on the Middle East and North Africa at the King Hussei
Jordan's King Abdullah speaks during the closing ceremony of the World Economic Forum on the Middle East and North Africa at the King Hussei

AMMAN (Reuters) - Economic growth in Jordan picked up to 2.6 percent year-on-year in the first quarter from 2.2 percent in the fourth quarter, central statistics office data showed on Saturday.

The International Monetary Fund (IMF) said earlier this year it expects the economy to expand above 3 percent in 2013, reflecting an increase in government capital spending, a recovery in exports and higher domestic consumption.

Other signs of recovery include foreign reserves which have been boosted by at least $1.5 billion of Gulf money and greater confidence in the local economy by investors, officials say.

(Reporting by Suleiman Al-Khalidi; Editing by David Cowell)

Comments