BusinessMain News

Public debt climbs to 114% of GDP

By : JD

Jordan Daily – Jordan’s public debt rose to 41.181 billion dinars during the past year, reaching 114% of gross domestic product (GDP), including debt owed by the government to the Social Security Investment Fund (SSIF).

According to data from the Ministry of Finance, the government’s total borrowing last year amounted to JD 2.692 billion. The data indicated that the government’s total borrowing from the SSIFreached JD 8.892 billion .

Ministry of Finance data showed that the government only borrowed JD1 billion from the Social Security Investment Fund last year.

Back to top button