The Jordanian House of Representatives approved the draft budget law for the fiscal year 2025, with a fiscal deficit estimated at 2.258 billion dinars ($ 3.18 billion).
The draft budget estimated public revenues at about 10.233 billion dinars ($14.43 billion), of which 9.498 billion dinars ($13.39 billion) were domestic revenues and 734 million dinars were foreign grants ($1.03 billion). The draft general budget was based on the assumption that the national economy will achieve real growth of 2.5 percent, and nominal growth of 4.9 percent, while maintaining moderate inflation rates, which will contribute to enhancing financial and monetary stability. The project also included reducing the primary deficit for 2025 to 2 percent of GDP, compared to 2.9 percent in 2024.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
