Remittances from Jordanian expatriates increase
Amman - Petra
Remittances of Jordanian expatriates have increased by 4.1per cent at the end of February, 2014 reaching $550.1 million compared with $528.6million in the same period of 2012, according to the Central Bank of Jordan (CBJ).The CBJ attributed the rise to the improvement of the economies of countriesemploying Jordanians from the repercussions of the global economic crunch.The Bank said the rise in remittances increased the Kingdom’s foreign reserves thatare needed to support economic activities in various sectors.
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