Budget deficit stands at JD291.2m in first-half of 2016

AMMAN — The general budget in the first six months of 2016 registered a post-assistance deficit of JD291.2 million, compared with JD223.5 million in the same period of 2015, the Finance Ministry said on Monday.

The ministry added that local revenues and external grants until the end of June 2016 totalled some JD3.528 billion, compared with JD3.350 billion in the January-June period of 2015, as reported by the Jordan News Agency, Petra.

Local revenues in the first half of 2016 stood at JD3.288 billion, marking a 6.7 per cent growth, when compared to the same period of 2015 that registered JD3.055 billion.

On the other hand, expenditure in the January-June period of 2016 totalled JD3.819 billion, compared with JD3.573 billion registered in the same period of the previous year.