AMMAN — The value of public sector debts to licensed
local banks increased in the first 10 months of 2021 by JD1.25 billion, or 10
percent compared to 2020, according to the latest data issued by the
Central Bank of Jordan.
اضافة اعلان
According to Al-Ghad News, the total value of public sector
debts to licensed banks at the end of last October was JD14.12 billion compared
to JD12.87 billion at the end of 2020.
Public sector debts fall under the local assets of licensed
banks, and consist of debts of all sectors of the Kingdom: the public sector,
the central government, public institutions, the private sector, financial
institutions, reserves, cash in the fund, balances with the Central Bank in
dinars and foreign currencies, and other assets.
24 banks operate in Jordan, 16 local and 8 foreign. The value of
local assets increased at the end of the first 10 months of 2021 by 5.7 percent
to reach JD53.6 billion, compared to JD50.7 billion at the end of 2020.
The debt on the central government rose by 9.8 percent in the
first 10 months of 2021 to reach JD13.19 billion, compared to JD12 billion at
the end of 2020.
Debts of public institutions at the end of the first 10 months
of 2020 amounted to JD932.4 million compared to JD 965.9 million at the end of
2021, an increase of 7.6 percent, while debts of the private sector to licensed
banks increased at the end of the first ten months of 2021 to JD27.3 billion,
compared to JD26.2 billion in 2020, an increase of 4.2 percent.
The consolidated budget of licensed banks in the
Kingdom during
the first 10 months of 2021 increased by JD2.78 billion, bringing its total
value to JD59.8 billion, compared to JD57.04 billion at the end of 2020.
The consolidated budget of licensed banks in the Kingdom
increased during 2020 by JD3.4 billion dinars, bringing its total value to
JD57.04 billion, compared to JD53.641 billion at the end of 2019.
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