VOL. XXXVII

NO. 9

29-NOVEMBER-1993

Financial and Banking News

Budgets & Revenues

Jordanian Cabinet Approves Draft Budget

The Jordanian Cabinet has approved budgetary spending of JD1.5bn ($2.1bn) for1994, a 10% increase on the figure for 1993. The budget will be considered bythe Parliament early in December. Details of the budget have not been published,but when opening Parliament on 22 November King Hussein said that currentrevenues during 1994 would cover current costs and some capital...