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18 April 2024

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Expats' remittances up 0.9pct in January

28-02-2023 03:31 PM


Ammon News - Jordanian expatriates' remittances inched up by 0.9 percent during January 2023 to $314.1 million, compared to $311.3 million during the same month of 2022, according to preliminary data issued Tuesday by the Central Bank of Jordan.

During 2022, the remittances edged up by 1.5 percent to $3,452 billion, compared to 2021, constituting 93.1 percent of the pre-pandemic figure recorded during 2019.

Remittances by Jordanian expatriate workers are a key booster of the Kingdom's foreign currency reserves, which reached $17 billion by the end of 2022.




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