Expatriates’ remittances increased by 2.4% to $1.168 billion during the first third of 2017, compared with $1.140 billion in the same period last year, the Jordanian News Agency, Petra, reported Wednesday (May 31st).
Remittances of Jordanians abroad are considered among the Central Bank of Jordan's most important sources of foreign currency, which also include tourism revenues, returns of national exports and foreign loans and grants, the agency said.
The CBJ earlier announced that tourism revenues in the January-March period rose by 14.1%, standing at $988 million, compared with $866 million in the same period of 2016.
The total income from tourism and Jordanian expatriates’ remittances reached $1.844 billion by the end of the first quarter this year, according to the CBJ.
