FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2013
AMMAN STOCK EXCHANGE
CAPITAL MARKET DEVELOPMENT
AND ECONOMIC OUTLOOK
In the first three quarters of 2013, real GDP
at market prices grew by 2.8%, maintaining
its growth rate during the same period of
2012. Inflation, measured by the Consumer
Price Index (CPI), witnessed an increase by
5.8% during the first eleven months of 2013
compared to 4.5% during the same period of
2012. Furthermore, the unemployment rate
during the third quarter of 2013 increased to
14.0% compared to 13.1% during the same
quarter of 2012.
As for the monetary policy, the Central Bank
of Jordan has decreased the re-discount rate
from 5.0% at the end of 2012 to 4.5% at the
end of 2013. Interest rate on 12-month Treasury
Bills decreased from 6.8% at the end of 2012
to 4.3% at the end of November 2013, while
the weighted average of interest rates for loans
decreased to 8.93% at the end of November
2012 compared with 8.95% at the end of 2012.
Domestic liquidity measured by Money Supply
(M2) grew by 9.9% at the end of November
2013 compared with its levels at the end of
2012. In addition, foreign currency reserves at
the Central Bank of Jordan rose to USD 11,953
million at the end of November 2012 with n
increase of 81.7%.
Regarding the fiscal policy, public revenues
showed an increase of 21.2% at the end of
November 2012 compared with the year 2012,
while public spending showed an increase of
11.1%.
As for the External Trade Sector, Jordanian
exports and re-exports have decreased by 0.5%
at the end of October 2012 compared with the
same period of 2011 while imports have risen by
7.4% during the same period.
Key Information Contacts
Jordan Securities Commission www.jsc.gov.jo
Securities Depository Center www.sdc.com.jo
Jordan Investment Board www.jordaninvestment.com
Arab Monetary Fund www.amf.org.ae
Ministry of Finance www.mof.gov.jo
Central Bank of Jordan (CBJ) www.cbj.gov.jo
National Information Center www.nic.gov.jo
Department of Statistics www.dos.gov.jo
CONTACT INFORMATION
Contact Name Mr. Nader Azar
E-mail [email protected]
Website www.exchange.jo
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