Jordan's total public debt increased during the first half of this year by 6.6 percent to 32.06 billion dinars ($45.2 billion), compared to 30.07 billion dinars at the end of 2019.
According to statistics issued by the Ministry of Finance, Jordan's internal debt reached 19.07 billion dinars at the end of last June, while the external debt amounted to 12.98 billion dinars. Noting that the total Jordanian public debt constitutes 101.8 percent of GDP.
Jordan's budget deficit before grants increased by 99.8 percent on an annual basis during the first half of this year compared to the same period of 2019. According to the Jordanian Ministry of Finance, the budget deficit was 1.24 billion dinars (1.74 billion dollars), compared to 670.9 million dinars ($945.9 million) in the corresponding period of 2019.
The budget recorded a deficit after external grants of 1.12 billion dinars (1.57 billion dollars) compared to 567.9 million dinars (800.7 million dollars) during the same period in 2019. The increase in the deficit came as a result of the decline in domestic revenues during the first half by 588.2 million dinars ($829.3 million), due to the country's closure after mid-March due to Corona crisis.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
