Jordanian MPs pass kingdom’s ‘most difficult budget’ ...Saudi Arabia

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Mon, 2021-02-22 01:09 AMMAN: Jordan’s lower house of parliament on Sunday approved what has been described as the most difficult budget in the kingdom’s history. The draft budget law for 2021 and the budgets for independent public institutions were backed by a majority of MPs as the country attempts to rebuild its economy from the coronavirus pandemic. The government submitted the law to MPs last month with an estimated post-foreign aid deficit of 2.06 billion Jordanian dinars ($2.89 billion), or 6.5 percent of gross domestic product (GDP), compared with 2.16 billion dinars in 2020. Domestic revenues are estimated at around 7.8 billion dinars before foreign grants, which are expected

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