NO. 19


Financial and Banking News

Budgets & Revenues

Jordanian Austerity Budget Trimmed and Passed

Jordan's parliament last week passed the draft budget presented to it lastmonth (MEES, 22 January), and even trimmed government spending further. Totalexpenditures were reduced by JD11.7mn from JD1,193.2mn to JD1,181.5mn and thebudget was approved by a 52-16 margin after a 38-hour debate. The result of thevote showed a consensus of support for the government's strict...