You are here
Kingdom’s economy grows by 2.2 per cent — Central Bank
By JT - Jun 29,2017 - Last updated at Jun 29,2017
AMMAN — Jordan's economy has grown by 2.2 per cent during the first quarter of 2017, according to the Central Bank of Jordan (CBJ), the Jordan News Agency, Petra, reported on Thursday.
The growth rate is a “positive sign”, as the target growth rate in the budget law is 3.3 per cent. According to experts quoted by Petra, three factors have led to the growth, namely the increase in tourism revenues, expatriate remittances and total exports.
The CBJ figures indicated that the Kingdom's tourism revenues have grown by 15.4 per cent at a value of $1.8 million, remittances by 2.4 per cent reaching $1.168 billion, with exports increasing by 6.7 per cent.
Related Articles
AMMAN — Expatriates’ remittances increased by 2.4 per cent to $1.168 billion during the first third of 2017, compared with $1.140 billion in
Remittances of Jordanian expatriates rose by 2.2 per cent during the first nine months of 2014 compared with the figure recorded during the same period of 2013, the Central Bank of Jordan (CBJ) announced on Tuesday. According to CBJ figures, remittances reached $2.8 billion compared with $2.7 billion.
AMMAN — The Kingdom’s tourism revenues decreased by 10.7 per cent to JD784 million in the first quarter of 2020 after achieving a growth rat