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Wednesday, February 10 - 2010

Jordan scales down 2010 budget

  • Jordan: Tuesday, October 06 - 2009 at 10:53

Jordan's budget for next year will be scaled down by around JD590m, compared to the current year's budget, the Jordan Times has reported. The envisaged budget for 2010 will stand at JD5.6bn compared with JD6.2bn for 2009, a decrease of 9.6%. The estimated budget deficit for the next year, taking into account foreign grants, is forecast to stand at around JD685m, or 3.9% of the gross domestic product (GDP), compared with JD1,178m or 7.3% of GDP this year.

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