jordan to receive 120m loan from amf
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Jordan to receive $120m loan from AMF

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Arab Today, arab today Jordan to receive $120m loan from AMF

Amman - QNA

Jordanian government will sign with the Arab Monetary Fund (AMF) a loan agreement worth USD120 million next week as an outcome of the bilateral talks between the two sides. According to a press statement released by the Jordanian government, the new loan will be used to contribute to bridge the budget deficit for fiscal year 2013 with net public debt to Jordan at the end of last June to 17.3 billion dinars, or a rate of 72.2% of GDP estimated for the year 2013.

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