Foreign funds bolster Jordan's economy
The data shows that foreign currency inflows into Jordan, including tourism, workers' remittances, and exports, have improved significantly, strengthening the national economy. Tourism income increased by 2.9% to reach $5.6 billion, while overseas workers' remittances rose by nearly 14%, reaching approximately three billion dollars. Additionally, exports grew by more than 7%, totaling $6.6 billion. This reflects Jordan's economy's ability to attract foreign currencies and support its reserves, which amounted to $28.4 billion at the end of August, despite ongoing challenges such as a trade deficit and rising energy costs. The report confirms that this improvement contributes to enhancing monetary stability, provided it is accompanied by policies aimed at improving productivity and high-value-added exports.
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