VOL. XXXVIIINO. 1616-JANUARY-1995

Financial and Banking News

Budgets

Jordanian Budget For 1995 Assumes JD165Mn In Foreign Aid

The full text of the Jordanian budget for 1995 shows the extent to which thecountry's economy is still dependent on foreign aid. Despite considerableimprovements in the fiscal position in recent years, the 1995 budget is lookingto foreign funding to cover 10% of expenditure, roughly the same proportion asin the last two years. The budget projects foreign aid of JD165mn...