Jordanian Prime Minister, Bishr Al-Khasawneh, revealed that Jordan has a cash reserve in the Central Bank that reaches a record level, amounting to about $17 billion, noting, "International rating institutions have fixed or raised the level of Jordan's credit rating, thanks to the monetary policies that we follow."
He pointed out during the opening of the activities of the Arab Summit on Entrepreneurship under the slogan "Cross-Border Opportunities" organized by the United Nations Economic and Social Commission for Western Asia (ESCWA) in cooperation with the Jordan Enterprises Development Corporation, that "The ratio of debt to GDP is about 90 percent," noting that "the government has structural reforms programs aimed at this treatment, with the testimony of the International Monetary Fund and the World Bank in managing and reducing this debt."
He explained, "The ratio of debt service in the Kingdom decreased last year by 25 million dinars (35 million dollars), and we have not reached this trend of decline for many years." Considering that, "Global challenges are pressing the economies of major international countries, especially the ability of countries to meet their needs of wheat and barley in particular." He noted, "Jordan is one of the most vulnerable countries in terms of food security, as there is a large reserve of wheat that reaches 13 months, and a reserve of barley is 8 months."
Source (Al-Araby Al-Jadeed Newspaper, Edited)
