12 Hrs
Source:
جفرا نيوز
Tourism income and expatriate remittances
The report states that the increase in tourist income and Jordanian workers' remittances reflect a continued influx of foreign currency into the local market, supporting market activity and sectors connected to tourism. Tourist income rose by 2.9% to reach $5.56 billion during the first eight months of the year, while remittances from abroad increased by 14.1% to $2.97 billion in the same period. This growth boosts liquidity and foreign currency in the market, positively impacting the forex sector and the overall economic activity, with praise for the development of the remittance sector and the efforts of the Central Bank of Jordan in enhancing the efficiency and services of the sector.
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