NO. 47


Financial and Banking News

Budgets & Revenues

Jordan And US Reach Agreement On Rescheduling Paris Club Debt

Jordan and the US signed an agreement on 18 August under which $311mn inofficial credits will be rescheduled over 20 years. The rescheduling comes underthe auspices of the Paris Club agreement reached between Jordan and 13 officialcreditors in June. This agreement covered $1.21bn in official credits. The USis the first of the 13 countries to implement...