The global economy continues to reel from the COVID-19 shock. The initial economic impact of COVID-19 on global output is projected to be far more devastating than the disruptions observed during the peak downturn of the global financial crisis of 2007¨C09.
The Jordanian economy is also hit hard by the pandemic amidst already high unemployment and debt levels. Prior to the COVID-19 shock, for the past four years the economy was growing at a low trajectory of around 2.0 percent.
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