VOL. XXXIX

No. 32

5-May-1996

JORDAN

Jordan's Debt Estimated At $6.3Bn

Jordan's foreign debt currently stands at $6.3bn, according to the Jordanian Minister of Finance, Mr. Marwan 'Awad. The minister gave this figure last month after Jordan and Italy signed an agreement to reschedule $34.1mn in instalment and interest on Italian loans. The agreement is in line with an accord signed in June 1994 between Jordan and the Paris Club of creditor nations. Mr. 'Awad added that Jordan has so far...