Toukan briefs committee on CBJ measures to guarantee dinar stability
18 April 2010
AMMAN (Petra) - The Economic and Social Council (ECON) policies committee chaired by Michel Marto met on Saturday with Central Bank of Jordan (CBJ) Governor Umayya Toukan. During its meeting, chaired by ECON President Abdul Ilah Khatib, Toukan briefed the committee on the various procedures that the CBJ carried out as part of its fiscal policy to guarantee the stability of the exchange rate of the Jordanian dinar and interest rates in order to achieve economic growth.
Expressing optimism over the next phase, Toukan indicated that several international markets began achieving positive growth rates, noting that this would reflect on the performance in the local market. There has been an increase in the volume of credit facilities extended by commercial banks over the first months, Toukan said, emphasising the bank’s desire to extend credit facilities as they have surplus funds.
Interesting that jordan had a meeting on saturday
18 April 2010
AMMAN (Petra) - The Economic and Social Council (ECON) policies committee chaired by Michel Marto met on Saturday with Central Bank of Jordan (CBJ) Governor Umayya Toukan. During its meeting, chaired by ECON President Abdul Ilah Khatib, Toukan briefed the committee on the various procedures that the CBJ carried out as part of its fiscal policy to guarantee the stability of the exchange rate of the Jordanian dinar and interest rates in order to achieve economic growth.
Expressing optimism over the next phase, Toukan indicated that several international markets began achieving positive growth rates, noting that this would reflect on the performance in the local market. There has been an increase in the volume of credit facilities extended by commercial banks over the first months, Toukan said, emphasising the bank’s desire to extend credit facilities as they have surplus funds.
Interesting that jordan had a meeting on saturday