The volume of public debt service (internal and external) in Jordan reached JD 1.647 billion at the end of November, compared with 1.565 billion at the end of 2017, representing an increase of 5.2%.
According to the data released by the Jordanian Ministry of Finance, the total interest on the cash basis amounted to 922.3 million dinars. Noting that the total public debt reached at the end of last November 28.614 billion dinars, which accounted for 94.9% of GDP for the end of the period.
The value of the external debt / budget during that period amounted to 324 million dinars, while the interest of internal debt / budget amounted to 598.2 million dinars, and the volume of external debt premiums amounted to 724.9 million dinars.
The ratio of debt service to GDP at the end of last November was 6.7%. The interest rate of public debt (budget) to actual public revenues was 14.2%. The interest rate of the public debt (budget) to actual domestic income was 14.9%. The total public debt service (premiums and interest) to actual public revenues amounted to 25.3%, and the ratio of total public debt service (premiums and interest) to the domestic income was 26.6%.
Source (Al-Dostour newspaper – Jordan, Edited)
