Outbound Remittance Up 21.3%

تم نشره في Wed 5 July / Jul 2017. 12:00 AM
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AMMAN —AlGhad— According to data by the Central Bank of Jordan (CBJ) Outbound remittance has gone up 21.3 per cent to JOD84.8 million during the first quarter of the year, Q1-2017, compared to JOD69.9 million in Q1-2016.

Compound data since the second quarter of 2016 show expats in Jordan have been increasingly sending more money back home.

In the overall, total outbound remittance last year grew about 0.3 per cent, from JOD300.7 million in 2015 to JOD301.6 million in 2016.

Notably, there are around 324 thousand legally operating expats in Jordan, labouring in different economic sectors.

Estimates point to there being around 500 thousand foreign labourers in Jordan, both legally and illegally working, around 200 thousand of them Syrian.

Egyptian expats comprise around 68 per cent of the total foreign manpower in Jordan, both legal and illegal.