AMMAN - The Jordanian economy is expected to have improved during the second half of 2021, according to the Deputy Governor of the Central Bank of Jordan (
CBJ), Adel Sharkas, who said that this improvement is driven by the full reopening of the economy, and an accelerated vaccination drive against the Covid-19 disease.
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Other driver propelling growth is a robust tourism sector which posted revenues north of $2.4 billion in the January-November period, rebounding by more 78 percent compared with the figure recorded in the same period of 2020, Sharkas revealed.
He cited other drivers, including a 13.6 percent increase in the Kingdom's exports in the first 9 months of the current year as well as higher remittances by Jordanian expatriates. Sharkas indicated that CBJ-held foreign currency reserves are at "comforting levels", standing at $17.1 billion, an amount, he said, enough to cover the Kingdom's import of services and merchandize for 9 months.
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