VOL. XXXII

NO. 37

19-JUNE-1989

Financial and Banking News

BUDGETS AND REVENUES

Jordan Counts on Rescheduling and Aid

Recent remarks by Jordan's Finance Minister, Mr. Basil Jardaneh, indicatethat the new government in 'Amman is relying mainly on debt rescheduling and aninfusion of Arab and other aid to see it through its current foreign exchangecrisis. At the end of May, the Central Bank announced a de-linking of the localcurrency from the US dollar - the official rate had been frozen at JD0.54=$1...