The balance of the public debt owed by Jordan during the first half of this year rose 1.6 percent to 29.16 billion dinars ($41 billion), compared to 28.7 billion dinars at the end of 2021.
Statistics issued by the Ministry of Finance showed that Jordan's internal debt at the end of the first half amounted to 13.89 billion dinars and its external debt of 15.26 billion dinars. This brings the Jordanian public debt to 88.4 percent of the Kingdom's GDP.
The Ministry of Finance announced early last year changing its methodology for calculating public debt in agreement with the International Monetary Fund so that its debts would be excluded from the Social Security Investment Fund, which amounted to nearly 7 billion dinars.
The government has adopted the concept of general government debt, which considers the debt from the Guarantee Funds Investment Fund, municipalities, and independent bodies as debt from government institutions.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
