The Jordanian financial data for the first ten months of this year showed an improvement in local revenue collections, which rose by about 963.1 million dinars, or 18.7 percent, compared to the same period last year.
According to the Ministry of Finance, the reason for the improvement is the collection of tax revenues, which rose to about 582.2 million dinars. While non-tax revenues increased by about 380.9 million dinars compared to the same period last year.
The increase in tax revenues came due to the increase in income tax collections during the first ten months of 2021 to reach about 4,1080 million dinars, compared to 6,1004 million dinars, or 5.7 percent, during the same period in 2020. As for non-tax revenues, the increase came due to an increase in revenues from selling goods and services to 695 million dinars, compared to 499 million dinars, or 3.39 percent, compared to the same period last year. As a result of these developments, the financial deficit after grants decreased by about 225.1 million dinars, to reach a value of 8.1283 million dinars during the first ten months of the year 2021 compared to the same period last year.
Source (Al-Dustour Jordan Newspaper, Edited)
