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Jordan plans to borrow $ 1 billion from global markets
09:27 - 24/09/2017
Information / Baghdad ..
The Jordanian government plans to borrow $ 1 billion from international markets to cover financing needs related to the financial plan for the current year, the Jordanian newspaper Al-Ghad reported.
As of today, the Ministry of Finance is launching marketing operations to launch $ 1 billion in Eurobonds, according to ministry sources.
"The delegation, which left yesterday under the chairmanship of the Secretary General of Finance, Dr. Ezzedine Kanakariya, intends to put these bonds for ten years, to be the second issue this year," the newspaper quoted the sources as saying on condition of anonymity.
Last April, the Ministry of Finance announced the successful completion of the $ 500 million Eurobond bond issue in the global markets and a return of 5.875 percent.
According to the Ministry of Finance bulletin, the public debt during the first half of this year amounted to 26.47 billion dinars, or 94.4% of the estimated GDP for the end of the first half, compared to about 26.09 billion dinars or 95.1% of GDP by the end of 2016.
It expected that the ratio of total public debt to GDP at the end of this year will remain at its level at the end of last year. Ending / 25
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