Jordan survives economic difficulties: central bank
Xinhua, November 21, 2016 Adjust font size:
Jordan's Central Bank Governor Ziad Fariz said Sunday that the country has survived economic difficulties, state-run Petra news agency reported.
He said fiscal and monetary policies have helped the kingdom sustain economic growth and attract investments, adding that Jordan's banking system is transparent and efficient.
According to the governor, the foreign exchange reserves held by the central bank has reached 13.1 billion U.S. dollars, enough to cover the country's imports for 3-7 months.
He also said that credit facilities extended to the private sector has risen 7.5 percent since the beginning of 2016. Endit