FINANCIAL NEWS

Jordan’s public debt amounts to $13.7 billion

19 May 2010

(MENAFN) The Jordanian Ministry of Finance said that the kingdom’s domestic and external debt reached $13.7 billion at the end of the first quarter of the current year, 0.7 percent lower than the figure at the end of 2009, The Jordan Times reported.

According to the official figures, the public debt constituted 54.5 percent of the gross domestic product (GDP) estimated at $24.8 billion for the year 2010, a decrease by 4.9 percent compared to 2009.

The external debt stood at $5.44 billion at the end of March 2010, going down by $5.6 million compared to the end of last year.

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