{"id":286831,"date":"2021-01-07T16:08:08","date_gmt":"2021-01-07T19:08:08","guid":{"rendered":"https:\/\/anba.com.br\/?p=286831"},"modified":"2021-01-07T16:08:08","modified_gmt":"2021-01-07T19:08:08","slug":"world-bank-jordans-economy-expected-to-grow","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/world-bank-jordans-economy-expected-to-grow\/","title":{"rendered":"World Bank: Jordan\u2019s economy expected to grow"},"content":{"rendered":"<p>S\u00e3o Paulo &#8211; Jordan\u2019s economy is expected to grow by 1.8% in 2021 and rise to 2.0% in 2022, according to a World Bank report. The estimate was published in the \u201c2021 Global Economic Prospect\u201d, <em><a href=\"https:\/\/petra.gov.jo\/Include\/Main.jsp?lang=en\" target=\"_blank\" rel=\"noopener\">Petra News Agency<\/a><\/em> reported on Thursday (7). <em>Pictured above, olive production in Jordan<\/em>.<\/p>\n<p>In the study, the World Bank added that the economic activity in the Middle East and North Africa is forecast to advance by 2.1% this year, reflecting the lasting damage from the COVID-19 pandemic and low oil prices, an important industry for the region\u2019s economy.<\/p>\n<p>According to <em>Petra News<\/em>, among oil exporters, growth is expected to recover to 1.8% this year. The report notes, however, that this is contingent on the containing of the pandemic, stabilizing oil prices, no further escalation of geopolitical tensions, and the assumption of a vaccine rollout in the second half of the year.<\/p>\n<p>The World Bank added that a downturn in oil prices, excessive volatility, or an extension of the OPEC+ oil production cuts could hinder growth in oil-exporting emerging market and developing economies in the region. OPEC+ is composed by the Organization of the Petroleum Exporting Countries (OPEC) and others.<\/p>\n<p>Oil importers could also be affected by a downturn in oil prices through lower remittances and a decline in foreign direct investment from oil exporting countries in the region. The World Bank has foreseen that the <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2021\/01\/05\/global-economy-to-expand-by-4-percent-in-2021-vaccine-deployment-and-investment-key-to-sustaining-the-recovery\" target=\"_blank\" rel=\"noopener\">world<\/a> economy will expand 4%, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-286828\">Khalil Mazraawi\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global prospects report points out that the Arab country\u2019s economy will grow by 1.8% in 2021.<\/p>\n","protected":false},"author":2316,"featured_media":286828,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[10545,9537,1964,2168,14529,14535,18723,17870,17237,2223],"class_list":{"0":"post-286831","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-economy-en","9":"tag-jordan-en","10":"tag-oil","11":"tag-opec","12":"tag-pandemia","13":"tag-pandemic","14":"tag-post-covid","15":"tag-vaccine","16":"tag-vacina","17":"tag-world-bank"},"wps_subtitle":"Global prospects report points out that the Arab country\u2019s economy will grow by 1.8% in 2021.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/286831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=286831"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/286831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/286828"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=286831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=286831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=286831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}