Middle East Economic Survey


No 46



Jordans 2011 Budget Seeks To Contain Deficit

The Jordanian government on 6 November unveiled its 2011 budget, which seeks to cap the deficit at the 2010 level and at the same time to press on with economic reforms. Announcing the budget details, the Minister of Finance Muhammad Abu Hammur said that the deficit in 2011 is projected at JD1,060mn ($1,495mn), or 5% of GDP, up 3.4% from the revised deficit of JD1,025mn ($1,445mn) in...