Jordanian remittances rise 14.1% in seven months
The article confirms that remittances from Jordanians working abroad play a central role in supporting the national economy. Currently, they amount to approximately $4.5 billion for the year 2025, representing a 4.5% increase compared to 2024. During the first seven months of 2026, remittances rose by 14.1% to around $2.97 billion. Remittances constitute the fourth-largest source of foreign currency, after exports and tourism income, and they directly contribute to supporting household incomes and stimulating domestic demand. Their role also reflects in diversifying sources of foreign exchange and strengthening economic resilience against external shocks. The primary sources of these remittances are mainly from the United Arab Emirates, the United States, and Saudi Arabia, with a noticeable growth from Qatar. The article emphasizes the importance of developing tools to convert part of these remittances into savings and investments, and of empowering Jordanian talents to adapt to the requirements of the global labor market through updating remittance data and analyzing its trends. Such efforts would support economic stability and enhance the country's ability to face challenges.
Notice: This Is an AI-Generated Summary
Comments (0)