Mubasher TV
Contact Us Advertising   العربية

Jordan's public debt hits historical level

Jordan's public debt hits historical level
Photo Credit: Arabianeye - Reuters

Mubasher: Jordan's public debt increased to JOD 24.4 billion at the end of September -- its lifetime high, according to a statement from the Ministry of Finance.

The debt represents 90.3% of the gross domestic product (GDP) in 2015, compared with 89% in 2014.

The country's public debt declined remarkably in July to JOD 23.98 billion, compared with JOD 24.26 billion a year earlier.