NO. 6


Financial and Banking News

Budgets & Revenues

Jordan Adjusts Taxes, Attempts Economic Restructuring

The Jordanian Government announced alterations to its import taxes on 5October, increasing the customs duties on imported luxury goods such ascosmetics, alcoholic drinks and cigarettes, but decreasing by 10% taxes on 205basic imported commodities such as food, shoes, school books and used spareautomobile parts. The measure is designed to cut a balance of payments...