Expat remittances increased 0.9% in January 2023 — Jordan

Remittances from Jordanian expatriate workers are important in boosting the Kingdom's foreign currency reserves

Staff Writer, The Jordan Times

March 1, 2023

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Jordanian expatriate remittances went up by 0.9 per cent in January 2023 to $314.1 million, compared with $311.3 million during the same month of 2022, the Central Bank of Jordan (CBJ) announced on Tuesday.

During 2022, remittances increased by 1.5 per cent to $3.452 billion, compared with 2021, constituting 93.1 per cent of the pre-pandemic figure recorded during 2019, the Jordan News Agency, Petra, reported, citing CBJ figures.

Remittances from Jordanian expatriate workers are important in boosting the Kingdom's foreign currency reserves, which reached $17 billion by the end of 2022.

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