Saturday, April 20, 2024
Today's News
Saturday, April 20, 2024
Today's News

77% of Jordanians report ‘bad’ economic situation in recent survey

77% of Jordanians report 'bad' economic situation in recent survey

A recent survey carried out by the Arab Center for Study and also Policy Studies has disclosed that 77 percent of Jordanians see their present economic scenario as “negative” or “extremely poor”.

The study, which determined the economic as well as political views of citizens in 14 Arab nations, consisting of Jordan, showed that this view is reflective of the public opinion throughout the Arab region.

Along with assessing their very own economic circumstances, Jordanians were also asked about the Kingdom’s major obstacles. The outcomes showed that 35 percent of respondents think that in 2022, unemployment was the biggest obstacle. It was followed by: hard economic conditions (34 percent), high prices and also expense of living (14 percent), and destitution and bad living conditions (7 percent).

Country direction

Various other study results discovered that 52 percent of people believe their country is relocating the wrong direction, with 40 percent associating this to financial reasons and also 14 percent citing poor political conditions.

On the other hand, of those who reacted claiming their country is moving in the appropriate instructions, 83 percent were able to give reasons, while 17 percent did not supply factors or declined to respond to.

Nineteen percent of those who supplied factors cited better conditions in their country, 15 percent mentioned better security, as well as 13 percent attributed it to wise rule.

Financial challenges

The survey also clarified the monetary difficulties dealt with by lots of family members in the Arab area.

According to the study, 25 percent of checked specified that their earnings suffices to cover their fundamental needs and also for them to save– these family members were concentrated in the Arab Gulf area.

At the exact same time, 42 percent stated that their income covers their requirements, however they can not conserve any of it.

Meanwhile, 28 percent of the respondents specified that their families are in requirement and also in hardship, as their revenue does not cover their standard demands. To cope with these problems, 33 percent of disadvantaged family members consider borrowing from acquaintances, pals, and family members, while 18 percent rely on institutional support.

10 percent turn to selling their possessions; this implies that traditional social solidarity framework continues to be stronger than institutional assistance.

Last Updated:  14 February 2023

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