AGP Executive Report
Last update: 4 hours agoWorld Bank Upgrade: Jordan has been reclassified as an upper-middle-income country in the World Bank’s FY2027 income classification, effective July 1, 2026, after a national accounts “rebasing” showed the economy is about 10% larger than previously estimated; the updated GNI per capita (Atlas method) rose to about $5,260, clearing the UMIC threshold by roughly $624. Agricultural Exports: In Amman, the Agriculture Minister said 19 companies exported agricultural products under the government’s export support programme, with total support exceeding JD1.059 million and subsidies covering 50% of air freight and 25% of maritime freight; the initiative has directly benefited 500+ farmers and aims to expand market access. Regional Security: Syria’s capital Damascus marked another blow to stability after a cafe bombing near the Palace of Justice killed nine (including six lawyers), with authorities pledging to identify perpetrators.
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