Toukan attributes high indebtedness to financing NEPCO's cumulative deficit

By Petra - Sep 17,2014 - Last updated at Sep 17,2014

AMMAN — that the question of energy is the biggest challenge for the economy and public finance. The government is aware of the increase in public debt and it has to meet its pledges, regarding the issues of energy and water, he said. The government has taken measures to alleviate the cost of these two vital commodities on the low-income bracket, through cash subsidies and the Social Safety Net, he added. Toukan remarked the ministry will work to include further financial figures in its monthly bulletin for more transparency and disclosure.

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Data show lower budget deficit, higher debt

Dec 30,2014

The budget deficit at the end of November 2014 amounted to around JD696 million compared with JD898 million at the end of the same period last year, Finance Minister Umayya Toukan said on Tuesday.  

Gov’t, House panel bicker over calculation of electricity company’s deficit

Jan 19,2015

Disagreement over calculation of the exact debts of National Electric Power Company (NEPCO) dominated the joint Lower House panel's discussion with the government on Monday over the new electricity tariffs.