The figures of the Jordan Central Bank revealed the growth of foreign exchange reserves during the first eight months of this year by 6.9 percent compared with the end of 2018, where the value of foreign reserves of the Kingdom at the end of August last year was about $12.321 billion, compared with about $11.523 billion registered at the end of last year. Jordan’s foreign exchange reserves rose by 6.4 percent to reach $12.271 billion in the first seven months of this year from $11.523 billion at the end of 2018.
In contrast, the net public debt owed by Jordan in the first seven months of this year increased by 5 percent, while the net public debt reached JOD 28.24 billion compared to JOD 26.9 billion at the end of 2018.
The statistics released by the Jordanian Ministry of Finance showed that Jordan's net domestic debt at the end of July reached JOD 15.7 billion, while the external debt stood at JOD 12.5 billion.
Source (Economic Bulletin, Edited)
