Jordanian Parliament Approves 2024 Budget

  • Amman, Hashemite Kingdom of Jordan
  • 1 February 2024
1

The Jordanian House of Representatives approved the draft general budget law 2024 with a deficit estimated at $ 3 billion. The draft general budget law for the fiscal year 2024 included expenditures estimated at 12.37 billion dinars ($ 17.44 billion), and public revenues of about 10.3 billion dinars, an increase of 8.9 percent from 2023.

Local revenues are expected to rise to 9.6 billion dinars, or 10 percent from 2023, as tax revenues increase by 10.2 percent to 7.2 billion dinars ($10.1 billion) without imposing any new taxes or increasing existing taxes.

Source (Al-Araby Al-Jadeed Newspaper, Edited)

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