VOL. XLV
No 8
25-February-2002
JORDAN
Jordan Passes $3.2Bn Budget For2002 Raising Spending By 1%
Jordans year 2002 budget, approvedby the government on January 13, forecasts only a 0.99% increase in totalexpenditures to JD2,280mn ($3,214mn) and a 0.38% increase in total revenues toJD2,087mn ($2,942mn) revealing a relatively austere approach to fiscal policyfor the country and only a minimal 3.45% rise in the deficit to JD435mn ($613mn see Table below). While current expenditures rose by 3.8%,...
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