Jordan's domestic revenues rose by approximately JD224.1 million in the first five months of 2025, reaching JD4.067 billion compared to JD3.843 billion for the same period last year, according to public finance data. The country's public debt stood at JD35.8 billion in May 2025, accounting for 92.7 percent of the gross domestic product. The temporary rise in public debt was attributed to budget deficit financing, as well as covering the losses of the National Electric Power Company and the Water Authority. It also reflected exceptional external financing measures, including concessional loans totaling $1 billion from friendly nations in March and April and the issuance of Islamic sukuk at a competitive interest rate of 4.8 percent. These steps aimed to reduce interest payments, ease fiscal pressure, and fund capital projects. (ICE AMMAN)

Fonte notizia: Stampa Locale