Amman, April 18 (QNA) - Moody's kept Jordan’s sovereign credit rating at Ba3, maintaining a stable outlook, despite ongoing security and geopolitical tensions in the region.

Petra news agency reported that Moody's said its decision reflected Jordan’s effective economic and financial institutions, as well as government-led reforms aimed at preserving macroeconomic and fiscal stability, ensuring public debt sustainability, encouraging investment, and improving the efficiency of social spending.

Moody's assigns a Ba3 rating to obligations that are deemed speculative in nature or carry substantial credit risk.

The credit rating agency also said that it expects 2.7 percent growth for Jordan in 2026, which could rise towards 3 percent in the medium term. Moody's also noted that there was upside risk to those projections if the Jordanian government accelerates foreign investment projects. The report also forecast a gradual decline in public debt relative to GDP from 83% in 2025 to 76% by 2030, according to Petra News. (QNA)