Middle East Economic Survey
Jordan Approves $423Mn Supplementary Budget For 2009
The Jordanian cabinet on 22 December issued a temporary law that will raise an additional JD300mn ($423mn) in revenue for the 2009 budget. This law for a supplementary budget is necessary to enable the government to pay its outstanding debt to a number of local and foreign private sector companies and individuals, some of whom are indebted to the banks. According to the Jordanian Deputy...