Ammon News - The annual National Payments System report, issued by the Central Bank of Jordan (CBJ), revealed a 14.4% increase in public debt service in 2024, compared to 2023.

In 2024, it amounted to JD4.8 billion, compared to JD 4.2 billion in 2023, according to the report.

The report indicates that debt service included interest payments on public debt issuances worth JD1.1 billion in 2024, compared to JD997 million in 2023, representing a 19.4% increase.

The value of public debt securities issued on the market reached approximately JD5.5 billion, compared to JD5.2 billion in 2023, marking a 6% increase.

In addition the report indicated that the issuances included bonds, sukuk, treasury bills, and other debt instruments, and this increase came to meet the government's financing needs.

The Debt Management and Open Market Operations (DEPO/X) System is an integrated system of the Central Bank of Jordan that is responsible for registering and settling government securities.