VOL. XLIII

No. 34

21-August-2000

JORDAN

Jordans Foreign Debt Falls 4.2% In 1H 2000

Jordans foreign debt fell 4.2% to $6.9bn in the first half of 2000 from $7.2bn at the end of 1999, the Finance Ministry said on 14 August. Despite the drop, due primarily to a restructuring and rescheduling of the countrys debt to France, foreign debt still stands at more than 95% of Jordans gross domestic product. The French action, agreed during a visit to France by King 'Abd Allah II in November, entailed...