The total Jordanian public debt increased during the first four months of this year, representing an increase of 4.6 percent to 31.39 billion dinars ($44.2 billion) compared to 30.07 billion dinars at the end of 2019. Statistics of the Jordanian Ministry of Finance showed that domestic debt reached the end of April The past was 18.93 billion dinars, while the external debt was 12.4 billion dinars.
Local revenue for the end of last April was 9.1 billion dinars, a decrease of 569 million dinars, compared to the same period last year, while total spending until last April was 7.2 billion dinars, a decrease of 157 million dinars.
The total budget deficit increased to about 695 million dinars until last April, compared to 304 million dinars during the same period last year, while the budget deficit before external grants amounted to about 800 million dinars compared to 377 million dinars during the same period.
The report indicated that the decrease in local revenues during the first four months of this year, which amounted to about 569 million dinars, was the result of the closure that occurred to the Jordanian economy due to the emerging crisis of the Coronavirus, which contributed to the high levels of the budget deficit.
Source (Al-Dustour Newspaper-Jordan, Edited)
