BUDGETS AND REVENUES
Italy Cancels $40.4mn Of Jordans Debt
The Italian Government announced on 2 April that it had officially cancelled around JD28.7mn ($40.4mn) of Jordans debt to Rome under the framework of the debt-swap agreement between the two countries signed on 22 June 2000 (MEES, 3 July 2000). As a result, Jordans debt installments to Italy due until 2017 have been cancelled. The amount of debt cancelled corresponds to the disbursements made by...