The Central Bank of Jordan expected that the volume of investment during the current year 2019 will be settle down at one billion dollars or 2.3 percent of GDP.
The net foreign direct investment (FDI) in Jordan improved, despite a drop of $33 million in the first quarter of this year, marking the lowest decline in a year. Data from the Central Bank of Jordan showed that foreign direct investment dropped to $251 million at the end of the first quarter of this year, from $284 million in the first quarter of 2018.
The decline was driven by a drop in foreign investment in the energy sector despite the improvements in other FDI indicators.
Foreign direct investment (FDI) in the first quarter of this year fell 6.6 percent from the same period in 2018, or 2.5 percent of GDP, compared with a sharp decline in the first quarter of 2018 of 56.5 percent over the same period in 2017.
Foreign investment is one of the main current account inputs in the balance of payments, along with tourism income, the net trade balance and remittances.
Source: (Asharq Al-Awsat newspaper, Edited)
