Foreign direct investment records 269% increase during first quarter 2022-CBJ governor
Foreign direct investment into the Kingdom recorded a 'significant' increase during the first quarter of 2022, reaching JD266.9 million, compared to JD72.2 million for the same period last year, marking a growth rate exceeding 269%, Central Bank of Jordan (CBJ) Governor, Dr. Adel Sharkas, announced.
In a statement to 'Petra' on Wednesday, Sharkas noted this rise reflects recovery in investment inflows into the Kingdom after Covid-19 pandemic's repercussions, which negatively affected these inward direct investments.
This figure provides 'optimistic' signals for Jordan's economic performance, especially since these inflows constitute about 47% of the expected foreign direct investments for the whole 2022, he pointed out.
Per CBJ data, foreign investment is an important source of Jordan's foreign reserves, which amounted to $17.66 billion in the first five months of 2022.
Foreign direct investment into the Kingdom recorded a 'significant' increase during the first quarter of 2022, reaching JD266.9 million, compared to JD72.2 million for the same period last year, marking a growth rate exceeding 269%, Central Bank of Jordan (CBJ) Governor, Dr. Adel Sharkas, announced.
In a statement to 'Petra' on Wednesday, Sharkas noted this rise reflects recovery in investment inflows into the Kingdom after Covid-19 pandemic's repercussions, which negatively affected these inward direct investments.
This figure provides 'optimistic' signals for Jordan's economic performance, especially since these inflows constitute about 47% of the expected foreign direct investments for the whole 2022, he pointed out.
Per CBJ data, foreign investment is an important source of Jordan's foreign reserves, which amounted to $17.66 billion in the first five months of 2022.
Foreign direct investment into the Kingdom recorded a 'significant' increase during the first quarter of 2022, reaching JD266.9 million, compared to JD72.2 million for the same period last year, marking a growth rate exceeding 269%, Central Bank of Jordan (CBJ) Governor, Dr. Adel Sharkas, announced.
In a statement to 'Petra' on Wednesday, Sharkas noted this rise reflects recovery in investment inflows into the Kingdom after Covid-19 pandemic's repercussions, which negatively affected these inward direct investments.
This figure provides 'optimistic' signals for Jordan's economic performance, especially since these inflows constitute about 47% of the expected foreign direct investments for the whole 2022, he pointed out.
Per CBJ data, foreign investment is an important source of Jordan's foreign reserves, which amounted to $17.66 billion in the first five months of 2022.
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Foreign direct investment records 269% increase during first quarter 2022-CBJ governor
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