Expat remittances increased 0.9% in January 2023 — CBJ

AMMAN — 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.