Jordan’s central bank held its key interest rate, aligning with the Fed’s decision to hold rates. Jordan’s FX reserves have reached a high of USD 19.1 bln, covering 8.3 months of imports. The country reported a headline inflation of 1.7% in Q1 2024, a decrease from 4.2% in 2022. Meanwhile, the economy grew by 2.6% in 2023, with a notable reduction in the current account deficit to 3.5% of GDP, bolstered by an increase in tourism revenue and a decrease in the trade deficit.