According to economists and politicians, foreign money will pour into the kingdom as investors' confidence in the stability of the region and Jordan itself begins to strengthen. Industrialised donor countries such as the USA will encourage private foreign investment in the kingdom. Some dividends have already come through. These steps are expected to be instrumental in stimulating foreign investment in the country. Fahed Fanek, an economist, has pointed out that foreign investors would shun involvement in a heavily indebted country because its economic stability would be perceived as being under constant threat.
Political stability is a vital consideration.
The political changes resulting from the peace process have undoubtedly led to a considerable improvement in investment sentiment, but this holds true for other countries in the region. Two crossing points between the two countries will facilitate the passage of as many tourists as Israel and Jordan can accommodate. Eight new hotels are planned for the Petra area alone. It has urged other industrial countries to follow suit. Jordan hopes that its peace moves will encourage donors to provide financial aid, long an important element in the financing of the kingdom's budget.