AMMAN — The
Central Bank of Jordan's Open Market Operations Committee decided to raise interest rates on all monetary policy instruments by 25 basis points as of Sunday, according to local news sources.
اضافة اعلان
In a statement, the CBJ said that it is committed to enhance
monetary stability in Jordan, and to preserve the gains that have been achieved.
The committee held its fifth meeting of 2023, and discussed in detail the economic, monetary and
banking developments, and the expectations of the relevant departments in the bank for the coming period.
The committee affirmed its confidence in the national economy and its ability to continue to
improve its performance, as it achieved a growth that exceeded expectations in the first quarter of this year by 2.8 percent, while the inflation rate was 3 percent during the first quarter.
The CBJ added that monetary and banking indicators, during the last period of the year, continued their positive performance as a reflection of confidence in the macroeconomic environment, the strength of the
Jordanian banking system and the prudent control measures applied.
The committee discussed reports submitted on global economic developments, and the pace of central banks' movement, regionally and globally, to confront the expected inflationary pressures.
The committee affirmed the CBJ's commitment to take the necessary measures to maintain monetary stability in Jordan, based on careful follow-up of domestic and international economic developments.
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