Foreign Investment in Jordan Up 7% in 2017

AMMAN —AlGhad— Foreign investment in Jordan has increased by 7.2 per cent in 2017, or approximately JOD79.4 million, from JOD1.102 billion in 2016, to JOD1.182 billion, according to the Central Bank of Jordan (CBJ)’s last figures.

In the last quarter of 2017, Q4-2017, investment declined to JOD176.2 million, from JOD243 million in Q4-2016, down 27.5 per cent.

Foreign investment, trade, inbound remittance, income from tourism and trade are Jordan’s main income sources of revenue.

That said, the trade deficit in 2017 increased by 11 per cent, to JOD7.565 billion, compared to JOD6.807 billion in 2016.

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