NO. 12


Financial and Banking News

Budgets & Revenues

Jordan Details Foreign Debt Statistics

According to the Jordanian Ministry of Finance, Jordan's net foreign debt isexpected to drop to $6.581bn at the end of 1994 from $6.87bn at the end of 1993.Detailing its debt figures, the ministry disclosed that in 1994 Jordan repaid atotal of $570mn in interest installments and principal on its external debt. In1994 it also received $470mn in new soft loans - $282mn to...