Independent public institution final accounts issued

AMMAN – Independent public institutions final accounts, issued at the end of May, revealed a net deficit of JD238 million that was offset through internal and external borrowing. 

The final accounts covered 59 independent public institutions that are financially independent, according to Ministry of Finance Secretary General Ezzeddin Kanakrieh.

Some of the institutions’ final accounts revealed a surplus of JD232 million, which were transferred to the Treasury, while some others showed a deficit, bringing the net financial deficit to around JD238 million, he said.

Independent government entities that registered a surplus included the Telecommunications Regulatory Commission and the Free Zones Corporation whereas those recording a deficit, included the National Electric Power Company and the Water Authority of Jordan.

Moreover, the government extended financial support to some institutions, such as the Jordan Radio and Television Corporation, the National Aid Fund and the Vocational Training Corporation, Kanakrieh indicated, according to the Jordan News Agency, Petra.

The institutions’ final account figures are available on the ministry’s website in detail, he added. 

For the second consecutive year, the final accounts were issued one month ahead of the deadline stipulated in the Constitution, Finance Minister Omar Malhas said, underscoring the ministry’s transparency.