9 Hrs
Source:
اقتصاد
Jordan 2027 Budget Impact
The Jordanian Cabinet referred the 2027 draft budget to the House of Representatives, with total spending of 13.753 billion dinars. It targets nominal GDP growth of 5.6%, an 11% increase in domestic revenues, and a reduction in the deficit after grants to 2 billion dinars, without raising income or sales taxes. The budget allocates about 1.71 billion dinars to capital expenditure and 260 million dinars to provide a monthly increase of 30 dinars for certain employees and retirees earning less than 600 dinars. Support and social protection programs will also continue. Supporters say development spending could boost growth and create jobs, while experts caution that achieving these targets depends on turning allocations into productive investments, amid questions about revenue growth and the burden of debt.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)