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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
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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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