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وكالة صدى نيوز
Jordan renews Adel Al-Sharqas as Central Bank Governor
The Jordanian Cabinet has decided to renew Dr. Adel Sharkas's appointment as Governor of the Central Bank for an additional five-year term, in recognition of the achievements he accomplished during his first term in enhancing monetary stability. These include increasing foreign exchange reserves to $28.4 billion by the end of August 2023, with inflation remaining at 2%, one of the lowest rates in the region. Moreover, the policies and measures adopted by the bank have contributed to improving the resilience of the national economy, strengthening the banking sector, advancing financial technology systems, supporting sustainable finance, elevating the insurance sector, and professionalizing the financial supervisory framework. The bank governor began his career in 1991, holding various positions until his appointment as governor in January 2022.
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