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FINANCIAL NEWS
Jordan’s public debt drops to USD35.35bn
30 Jul 2016
(MENAFN) Jordan’s public debt amounted up to USD35.35bn in May this year, comprising 92.6 percent of its GDP estimated by the Finance Ministry at USD38.19bn.
On the other hand, the debt of the National Elect Power Co. and the Water Authority of Jordan contrbuited USD10.68bn to the whole public debt.
In the last few years the kingdom’s debt accumulated due to external reasons to the Syrian refugee influx.
Moreover, the net public debt grew by USD835.10mn in 2015 to reach USD32.95bn, compared to USD32.12bn at the end of the previous year.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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