FINANCIAL NEWS

Jordan cut expenses by USD237.56mn

07 Jul 2016

Jordan managed to reduce expenses in this year state budget and the budget of independent government units by USD237.57mn.

Meanwhile, Jordan and EU are predicted to sign a deal on facilitating the rules of origin in order to increase Jordan’s exports to the EU this month.

It was also highlighted the importance of ties between the public and private sectors, noting that the government stands amid the same distance from economic bodies.

Moreover, the government’s ability to organize public funds became limited and needs the participation of the private sector, while many projects will be applied based on that.

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