Jordan's public debt hits 28 billion USD in first-half
AMMAN, Aug. 26 (Xinhua) -- Jordan's overall public debt rose by 5.2 percent in the first half of 2014 compared to end of 2013, according to official figures.
The county's internal and external public debt reached 20 billion dinars (about 28 billion U.S. dollars) at the end of June of this year compared to about 19 billion dinars at the end of 2013.
The public debt represented 78.5 percent of the gross domestic product, according to the figures released by the Ministry of Finance on its website Tuesday.
The figure showed that domestic revenues, excluding foreign grants, rose by nearly 20 percent from 2.54 billion dinars during the first half of 2013 to over 3 billion dinars in the January- June period of 2014.
Foreign grants received in the first half of 2014 dropped by 33 percent from 433 million dinars in the first half of 2013 to 291 million dinars in the first half of this year.