Real estate related economic and financial news covering the MENA region.
Jordan's trade deficit falls
Feb 17, 2010
Jordan's Department of Statistics has said that the kingdom's trade deficit had dropped 14.8% in 2009, as steel, machinery and oil imports decreased, Bloomberg has reported. Deficit shrank to JD5.47bn ($7.7bn) from JD6.42bn the year before. Exports fell 19.8% last year, led by a 49.3% slump in fertilizer shipments, the department said.