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Jordan Flag

Jordan Flag
Flag of Jordan
Jordan flags for displaying indoors or out.
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Jordan

Jordan Background

For most of its history since independence from British administration in 1946, Jordan was ruled by King HUSSEIN (1953-99). A pragmatic ruler, he successfully navigated competing pressures from the major powers (US, USSR, and UK), various Arab states, Israel, and a large internal Palestinian population, through several wars and coup attempts. In 1989 he resumed parliamentary elections and gradually permitted political liberalization; in 1994 a formal peace treaty was signed with Israel. King ABDALLAH II - the eldest son of King HUSSEIN and Princess MUNA - assumed the throne following his father's death in February 1999. Since then, he has consolidated his power and established his domestic priorities, including an aggressive economic reform program. Jordan acceded to the World Trade Organization in January 2000, and signed free trade agreements with the United States in 2000, and with the European Free Trade Association in 2001.

Jordan Economy

Jordan is a small Arab country with inadequate supplies of water and other natural resources such as oil. Debt, poverty, and unemployment are fundamental problems, but King ABDALLAH since assuming the throne in 1999 has undertaken some broad economic reforms in a long-term effort to improve living standards. Amman in the past three years has worked closely with the IMF, practiced careful monetary policy, and made significant headway with privatization. The government also has liberalized the trade regime sufficiently to secure Jordan's membership in the WTrO (2000), a free trade accord with US (2000), and an association agreement with the EU (2001). These measures have helped improve productivity and have put Jordan on the foreign investment map. The US-led war in Iraq in 2003 dealt an economic blow to Jordan, which was dependent on Iraq for discounted oil. It remains unclear how Jordan will finance energy imports in the absence of such a deal. Other ongoing challenges include fiscal adjustment to reduce the budget deficit and broader investment incentives to promote job-creating ventures.

Jordan Location

Middle East, northwest of Saudi Arabia

Jordan Flag

three equal horizontal bands of black (top, the Abbassid Caliphate of Islam), white (the Ummayyad Caliphate of Islam), and green (the Fatimid Caliphate of Islam) with a red isosceles triangle (representing the Great Arab Revolt of 1916) based on the hoist side bearing a small white seven-pointed star symbolizing the seven verses of the opening Sura (Al-Fatiha) of the Holy Koran; the seven points on the star represent faith in One God, humanity, national spirit, humility, social justice, virtue, and aspirations


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