No 14



Jordans 2003 Budget Deficit Set At $445Mn As Marto Foresees Difficult Year Ahead

Jordan on 5 February announced an emergency budget for 2003 with a projected deficit of JD316mn ($445mn) as Finance Minister Michel Marto warned that this will be a difficult year for the Jordanian economy. The budget, which was announced later than usual, takes into account everything that could happen and we are ready for all eventualities, said Mr Marto, who added that war in...