Public debt reaches JD40.80 billion, 114% of GDP

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(File photo: Jordan News)
AMMAN — The total public debt, which includes the government's debt to the Social Security Investment Fund, has reached JD40.080 billion by the end of July this year, constituting 114.6 percent of the Gross Domestic Product (GDP).اضافة اعلان

According to data from the Ministry of Finance, the government has borrowed JD1.591 billion dinars from the beginning of this year until the end of July, Al Ghad reported.

The total public debt at the end of the previous year was JD38.489 billion.

The data also indicates that the public debt, excluding the debt to the Social Security Investment Fund, has reached JD31.523 billion, accounting for 90.1 percent of the GDP.

Furthermore, the data shows that the government has borrowed a total of JD8.558 billion from the Social Security Investment Fund by the end of July.


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