BUDGETS AND REVENUES
Jordans Debt Climbs To $10Bn At End 2003
Jordans total debt climbed to JD7bn ($9.9bn) at the end of 2003, up from JD6.6bn ($9.3bn) at the end of 2002, according to figures released by the Jordanian Ministry of Finance. The ministry attributed the increase in debt to higher non-US dollar exchange rates against the Jordanian dinar which has been pegged to theUS currency since 1995 (MEES, 13 November 1995). The US dollar has depreciated...