Saturday, 12 September 2009

JORDAN: Remittances from Jordanian workers drop

Published: September 12, 2009, 11:37

Amman: Remittances from Jordanians working abroad dropped 3.7 percent in the first seven months of 2009 compared with the same period of 2008, the Central Bank of Jordan said.

Remittances from about 700,000 Jordanians, mostly in Gulf states, fell to 1.48 billion dinars ($2.1 billion) in the period, the bank said in a report on its website.

Remittances, which account for about 14 per cent of Jordan's gross national product, are expected to remain at about 2.7 billion dinars this year, said Finance Minister Bassem Salem. Read more

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