Financial and Banking News
BUDGETS AND REVENUES
Jordan and Paris Club Creditors Conclude Rescheduling Agreement
The Jordanian Government and the Paris Club of 14 official creditors on 19July signed an agreement to reschedule part of Jordan's outstanding debt of$1.21bn in 1989 and $1.28bn in 1990 for a period of 10 years, including fiveyears of grace. According to the Jordanian Minister of Finance, Mr. BasilJardaneh, who finalized the deal in Paris, the agreement will...