Financial and Banking News
Budgets & Revenues
Jordan's Draft Budget Foresees more Hard Times
The 1990 budget prepared by the Jordanian Government, which is subject toapproval by the newly-elected parliament, presents a picture of continuingausterity, with spending having been effectively cut in half in dollar termsover the past two years. The draft budget envisages a deficit of JD286.5mn($441mn), compared with JD122mn ($257mn) last year. This deficit will be...