The newly approved general budget for 2002 consists of a 435 million Jordanian Dinar ($613 million) projected deficit, which is equivalent to 6.5 percent of the GDP, reported Al-Sharq Al-Awsat . The Jordanian Minister of Treasury, Michel Marto stated that Jordan is expected to receive JD 237 million ($334.5 million) worth of international aid in 2002. As a result, the projected budget deficit will decline to JD 198 million ($279.5 million), which is equivalent to three percent of the GDP.-(menareport.com)
© 2002 Mena Report (www.menareport.com)
