Amman, May 04 (QNA) - Fitch Ratings on Monday affirmed Jordan's long-term foreign-currency issuer default rating at 'BB-' with a stable outlook, citing the country's economic resilience despite ongoing regional security tensions.

In a report, the agency said the rating affirmation reflects Jordan's macroeconomic and fiscal stability, the economy's ability to absorb external shocks, progress in economic and fiscal reforms, a resilient banking sector, and continued international support.

Fitch expects Jordan's economic growth to reach around 2.6% in 2026, as regional instability weighs on the tourism sector and reduces visitor inflows from Europe. This follows growth of about 3% recorded in the final quarter of 2025, supported by higher public and foreign investment.

The agency projected growth to accelerate in 2027, driven by increased capital expenditure and continued implementation of major projects, including the National Carrier Project, as well as stronger trade flows with Syria and Iraq.

At the external level, Fitch said Jordan continues to benefit from strong international backing from donor countries and institutions. It also expects the country to maintain progress in implementing its economic reform program in cooperation with the International Monetary Fund.

Inflation is projected to average around 2.2% over 2026-2027, supported by a delayed pass-through of global oil price increases to domestic fuel prices.

Fitch is one of the world's leading credit rating agencies, assessing the creditworthiness of sovereigns, corporations, and financial institutions.

The latest affirmation follows similar decisions by S&P Global Ratings and Moody's earlier this year, as well as the International Monetary Fund's announcement of a staff-level agreement on the fifth review of Jordan's Extended Fund Facility and the second review of the Resilience and Sustainability Facility, underscoring continued confidence in the country's economic outlook. (QNA)