Jordan’s Public Debt Hits 42 Billion USD

Jordan’s Public Debt Hits 42 Billion USD

AMMAN, Dec 27 (NNN-PETRA) – Jordan’s total public debt increased, in the first ten months of 2019, to 30,194 billion dinars (around 42 billion U.S. dollars).

According to figures by the Jordanian finance ministry, the total debt accounted for 96.9 percent of the gross domestic product, by the end of Oct, 2019, compared to the same period last year.

The figures indicated that the total domestic debt for the end of Oct, reached 17,703 billion dinars.

The volume of state budget deficit amounted to 1.133 billion dinars at the end of Oct, while revenues increased by 1.6 percent to record 6.045 billion dinars.

The figures also showed that the volume of public spending increased by 371 million dinars, to reach 7.178 billion dinars at the end of Oct, while total revenues amounted to 6.045 billion dinars.– NNN-PETRA

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