FINANCIAL NEWS

Jordan’s public debt jumps to USD 32.65bn

08 May 2016

(MENAFN) Jordan’s public debt touched USD 32.65bn by the end of Feb, while the debt ratio to the GDP reached more than 86.9 percent amid the first two months of 2016.

Moreover, the kingdom’s external debt reached USD 13.28bn until the end of February, compared with USD 13.21bn by the end of 2015.

In addition, the external debt ratio to the GDP jumped to 35.3 percent by the end of the cited month, while last year it stood at 35.4 percent.

Accordingly, the local debt reached USD 19.28bn by the end of February, constituting 51.5 percent of the GDP.

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