The Central Bank of Jordan’s annual report on the National Payments System revealed a 14.4% increase in public debt servicing in 2024 compared to 2023.
اضافة اعلان
According to the report, public debt servicing reached JD 4.8 billion last year, up from JD 4.2 billion in 2023.
The report noted that the increase included interest payments on public debt issuances, which amounted to JD 1.1 billion in 2024, compared to JD 997 million the previous year—an increase of 19.4%.
The total value of public debt instruments issued in the market reached approximately JD 5.5 billion, up from JD 5.2 billion in 2023, reflecting a 6% increase.
These issuances included bonds, sukuk, treasury bills, and other debt instruments, and were aimed at meeting government financing needs.
The report also highlighted that the Public Debt Management and Open Market Operations System (DEPO/X), operated by the Central Bank of Jordan, is an integrated system for the registration and settlement of government securities.
The system is designed to enhance the efficiency of trading and settlement processes for government securities. It integrates seamlessly with the Real-Time Gross Settlement (RTGS) system, allowing banks to trade government securities securely and flexibly through buy-sell transactions.
Source: Al Mamlaka TV
