Financial and Banking News
BUDGETS AND REVENUES
Jordan Controls Budget Expenditure, But Balance Of Trade Deteriorates
Jordan's budgetary position improved markedly in 1992 as the governmentcontinued to increase its domestic revenue base. Preliminary figures from theCentral Bank of Jordan show that domestic revenues rose by 33% to JD1,100mn($1,578mn) in 1992, largely due to a 50% increase in tax dues. The biggestincrease came from customs duties, which doubled to...
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