AMMAN — Expatriate transfers to Jordan have increased by 5.5 per cent during the first 10 months of 2012, according to preliminary data from the Central Bank of Jordan (CBJ). By the end of October, transfers have reached $3.1 billion (JD2.2 billion), while the number stood at $2.94 billion during the same period last year, the CBJ indicated on Monday.
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Expatriate transfers rise by 5.5% to $3.1 billion
By Petra - Nov 19,2012 - Last updated at Nov 19,2012
Expatriates’ remittances went up during the first half of this year by 2.5 per cent compared to the same period in 2012, reaching $1.8 billion, up from $1.7 billion, according to the Central Bank of Jordan (CBJ).
Remittances of Jordanians working abroad rose 1.2 per cent last year to JD2.584 billion ($3.6 billion), around 13 per cent of the gross domestic product, according to the Central Bank of Jordan (CBJ).
Jordanians’ remittances recorded an increase by 3.2 per cent at the end of October, according to the Central Bank of Jordan (CBJ).
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