Key View:

• At Fitch Solutions, we forecast Jordanian real GDP growth to increase from 2.1% in 2018 to 2.5% in 2019.
• This acceleration will primarily be driven by rising exports, as regional security conditions improve and trade via recently reopened border crossings picks up.
• Still tight monetary and fiscal policy will nevertheless weigh on

Key View:

• Parliament’s approval of the government’s amended income tax law will be positive for Jordan’s fiscal trajectory, as it signals continued commitment to IMF-stipulated fiscal reforms to investors.
• We at Fitch Solutions forecast Jordan’s fiscal deficit to narrow from 2019 onwards as fiscal consolidation efforts resume - albeit only

Key View: Growth reported for Hikma Pharmaceuticals' Generics segment highlight the work the company has made in developing and strengthening its presence in the increasingly competitive US generic market. This is further reflected in Hikma's overall US revenues being the strongest of all its regions with the gap between the US and MENA regions