Data issued by the Central Bank of Jordan showed that the net foreign direct investment flowing to Jordan in the first quarter of this year decreased by 70.6 percent on an annual basis, to about 61.3 million dinars (86.4 million dollars).
The net direct investment in Jordan amounted to 209 million dinars in the first quarter of the past year 2020, as the Corona pandemic and political tensions in the region negatively affected the volume of private investments coming from foreign countries.
On the other hand, the value of Jordan's imports of crude oil and its derivatives increased by 10.8 percent in the first five months of this year, to 606.6 million dinars (855.5 million dollars) compared to the same period in 2020.
Jordan's trade balance deficit increased during the first five months by 30.4 percent, reaching $4.5 billion, compared to the same period last year, which amounted to $3.5 billion. The value of Jordanian exports increased to $3.4 billion, compared to $2.8 billion in the same period last year, while imports amounted to $7.9 billion, compared to $6.3 billion in the same period last year.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
