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Jordan’s economic stability will hinge on foreign aid

Content type:: Expert Briefings
Location:: JORDAN
Keywords associated with this article:: Geographic: Jordan ME/NAF Gulf states IMF-World Bank Kuwait Qatar Saudi Arabia United Arab Emirates

Topical: economy industry politics aid foreign investment oil protest renewable energy
ISSN:: 2633-304X
Citation:: Oxford Analytica (2018), "Jordan’s economic stability will hinge on foreign aid", Expert Briefings.
https://doi.org/10.1108/OXAN-DB240619

Friday, December 28, 2018

Significance

This comes as an austerity drive, including a controversial law to expand income tax coverage, has sparked the most serious protests the kingdom has faced since the 2011 Arab uprisings.

Impacts

Other Arab states facing fiscal problems and protests, such as Tunisia and Morocco, may look for similar Gulf support.
Jordan may reciprocate with security support for the Gulf states in an 'Arab NATO' initiative, which the United States backs.
Jordan will try to balance relations carefully with Qatar and the other Gulf states to maximise its benefits.

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Significance

Impacts

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