AMMAN — The Open Market Operations Committee of the Central Bank of Jordan (CBJ) on Thursday decided to maintain interest rates on monetary policy instruments unchanged.

 

This decision is a result of the bank’s commitment to closely monitor the national economy’s developments, particularly monetary and banking indicators, as reported by the Jordan News Agency, Petra.

 

The CBJ added that this decision aligns with a comprehensive review of geopolitical global and regional economic dynamics.

 

The committee stressed its confidence in the national economy's performance as shown by the latest economic data, highlighting that the CBJ's foreign reserves have surpassed $22.8 billion by the end of May, which is sufficient to cover the Kingdom's imports of goods and services for 8.8 months.

 

The committee said that inflation rate remained low and stable at 2 per cent in the first five months of this year

 

It was also emphasised that the year-on-year increase in bank deposits by 6.8 per cent as of the end of April to reach JD47.3 billion. Additionally, the credit facilities granted by banks (year-on-year) also showed a growth rate of 3.4 per cent to hit JD35.2 billion.

 

The external sector indicators also showed positive developments in their performance, with total exports recording a notable growth of 11.6 per cent during the first quarter of the year, reaching $3.3 billion.

 

Tourism revenues also rose by 15.7 per cent during the first five months of 2025 to $3.1 billion dollars. In addition, remittances from Jordanians working abroad increased by 3 per cent during the first four months of the year, reaching $1.2.