VOL. XLIV

No. 06

5-February-2001

JORDAN

Jordanian Budget Shows Increase OfExpenditures By 14%

Jordans 2001 fiscal budgetreceived the approval of the upper house of parliament on 29 January after thelower house approved the draft bill on 19 January. The JD2.3bn ($3.2bn) budgetcontains a 14.14% increase in expenditure over the previous year and a budgetdeficit excluding grants of JD400mn ($557.1mn) a figure representing lessthan 6% of gross domestic product (GDP). The bulk of the budget increase...