The Central Bank of Jordan (CBJ) repelled the return of growth in the flow of remittances of Moroccans by the end of last year, as remittances from Jordanian expatriates increased by 1.5 percent over the past year to reach $ 3.4 billion on an annual basis. According to estimates, these remittances constitute 93.1% of their level achieved during the year preceding the outbreak of the Corona epidemic.
Remittances of Jordanian workers abroad have been negatively affected since the fall in crude oil prices, causing repercussions on the economies of the Gulf countries, as well as the start of imposing value-added tax and fees on expatriates, and the pandemic has affected the growth of those remittances.
Studies indicate that the percentage of expatriate Jordanians is estimated at 10.5 percent of the total Jordanian citizens, with a total of about 786,000 expatriate citizens, about a third of whom live in Saudi Arabia, followed by the UAE, the United States, Kuwait, Qatar and the rest of the world. While some data show that about 80 percent of Jordanian expatriates are located in the Arab Gulf countries, 11 percent in the United States and Canada, 4.3 percent in Europe, and about 3 percent in the rest of the Arab countries.
Source (Al-Arab London Newspaper, Edited)
