Data published by the Ministry of Finance of Jordan has indicated that the net public debt of the kingdom rose by the end of last October to reach US$ 15.5 billion. The rise is attributed to an increase in domestic debt.
According to the data, the total amount of debt accounted for 56.6% of GDP re-appreciation for the year 2010 compared to US$ 13.6 billion or approximately 54.2% of GDP for the year 2009, say an increase of 2.8%. Data showed the net balance of domestic debt at the end of October was US$ 9.82 billion against US$ 8.19 billion at the end of 2009.
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