AMMAN — The Association of Banks in Jordan (ABJ) said the Kingdom’s "successful" issuance of Eurobonds in global financial markets at competitive interest rates reflects "strong" international confidence in the national economy and its resilience amid regional instability.

 

The association noted that the achievement stems from Jordan’s solid international relations, supported by the continuous efforts and wise leadership of His Majesty King Abdullah.

 

Director General of the ABJ Maher Mahrouq told the Jordan News Agency, Petra, that the Eurobond issuance was supported by "robust" economic indicators and performance, following the launch of the Economic Modernisation Vision, as well as "positive" ratings from international agencies that commended Jordan’s recent economic reforms and policy decisions.

 

He added that despite regional challenges, Jordan has maintained monetary and financial stability, thanks to the Central Bank’s "prudent" policies and a strong banking sector capable of meeting the financing needs of various economic sectors.

 

Mahrouq highlighted that key economic indicators, including growth, higher national exports, increased tourism revenues, strong foreign currency reserves and contained inflation rates, continue to reinforce investor and institutional confidence in Jordan’s economy.

 

He stressed that the latest Eurobond issuance marks an "important" step toward ensuring debt sustainability and reducing the cost of public debt servicing, which will in turn support fiscal performance in the coming years.