RIYADH: Jordan’s domestic revenues climbed 3.6 percent in the first half of 2025 to 4.67 billion dinars ($6.59 billion), bolstered by fiscal measures aimed at strengthening public finances, official data show.

The increase — equivalent to about 164.7 million dinars — came as the government reduced public debt to 35.3 billion dinars, or 90.9 percent of gross domestic product, down from 92.7 percent in May, the state-run Petra news agency reported, citing Central Bank of Jordan figures.

The decline followed the Finance Ministry’s June repayment of $1 billion in maturing Eurobonds, funded through concessional loans secured earlier in the year at a 4.8 percent interest rate. The move allowed Amman to avoid issuing new debt at yields that could have approached 9 percent amid global and regional market pressures.

According to a report in July, domestic revenues rose by about 224.1 million dinars in the first five months of the year, reaching 4.067 billion dinars, compared with 3.843 billion dinars in the same period of 2024.

Tourism revenue for the first seven months of 2025 rose by 8.6 percent, totaling $4.398 billion. That growth occurred despite a 5.6 percent dip in tourism receipts in July, which fell to $721.4 million.