CBJ expected FDI to reach $2.1 billion in 2024 *OMOC keep the interest rates on all monetary policy instruments unchanged

The Open Market Operations Committee (OMOC) at the Central Bank of Jordan (CBJ), in its third meeting this year, decided to keep the interest rates on all monetary policy instruments unchanged at their current levels.
The decision came after a comprehensive assessment of economic, monetary and financial developments locally, and economic developments regionally and internationally.
According CBJ, the indicators confirm the strength of monetary stability in the Jordan, supported by a record level of foreign reserves held by the CBJ, which exceeded $ 22.8 billion at the end of April 2025, which covered 8.8 months of the imports of goods and services. The inflation rate remained low and stable at 2.0% during the first quarter of 2025, with expectations to stabilize around 2.2% during the whole year.
At the level of the banking sector, CBJ said in a press release issued today, the data showed the strength of this sector, as customer deposits with banks grew by 6.8%, year-on-year, to reach about 47.4 billion dinars at the end of March 2025, and the balance of credit facilities granted by banks increased by 3.9%, year-on-year, to reach about 35.2 billion dinars.
External sector indicators also continued to achieve positive performance, as tourism income increased by 8.9% during the first quarter of 2025 to reach about $ 1.7 billion, compared to the same period of the last year, and remittances abroad recorded an increase of 2.0% during the first two months of the same year to reach about $ 606 million. Total exports increased by 9.2% during the first two months to reach $2.0 billion.
Preliminary estimates by the Central Bank indicate that FDI inflows into the Kingdom of Jordan will reach about $2.1 billion in 2024, reflecting investor confidence and the attractiveness of the investment environment in the Kingdom. The national economy grew by 2.5% in 2024, with an expected rise to 2.7% in 2025, driven by improved domestic and external demand.
The Central Bank of Jordan affirms its continuous keenness to follow up on economic, monetary and financial developments at the local and international levels, and is committed to taking all necessary measures to maintain monetary and financial stability in the Kingdom, and to contain inflationary pressures within acceptable levels.