The Jordan Investor Confidence Index, issued by the Jordan Strategies Forum (c), rose to 189.3 points in the first quarter of this year, compared to 168.1 points in the fourth quarter of last year.
The confidence index in economic activity rose to 200 points in the first quarter of this year, compared to 165.0 points in the fourth quarter of last year, the JSF said Monday in a statement.
The JSF added that the growth rate of GDP fell to 2.5 per cent in the first quarter of this year, compared 2.6 per cent in the fourth quarter of last year.
It pointed out that the budget deficit decreased reached JD345.8 million in 2022 Q1, compared to JD771.7 million in 2021 Q4.
According to the JSF, the value of inflows of foreign direct investment amounted to JD262.8 million in 2022 Q1, compared to JD114.0 million in 2021 Q4, and the Industrial Production Quantity Index increased to 90.3 points, compared to 89.7 points in the same period.
The confidence index in the monetary system also decreased during 2022 Q1 to 174.9 points, compared to 200 points in
2021 Q4.
The value of the foreign currency reserves of the Central Bank remained at JD14.7 billion in 2022 Q1, compared to the previous quarter.
The Interest Rate Differential (IRD) between the dinar and the dollar increased from 2.55 per cent in 2022 Q1 compared to 2.42 per cent in 2021 Q4, according to the JSF.
Source: Jordan News Agency