BUDGETS AND REVENUES
SFD Reschedules $182Mn Of Jordanian Debt
The Saudi Fund for Development (SFD) on 26 August agreed to reschedule JD129mn ($181.7mn) of Jordans debt to the fund. The rescheduled loans, which had been used to finance water and sewage network projects and other infrastructure schemes, will now be repaid over 30 years in biannual installments at an interest rate of 1%. According to Planning Minister Basim 'Awad Allah, who signed the agreement...