Government releases draft budget law statement for 2025
04-11-2024 01:55 PM
Ammon News - On Monday, the government released the draft general budget law and the draft system for organizing ministries, departments, and government units for the fiscal year 2025.
The announcement was made in advance of finalizing the draft general budget law for 2025, addressing it and moving forward with the steps for its approval as outlined in the constitution, while also wrapping up the structure for ministries, departments, and government entities.
As part of the king's orders, the government must push forward with national modernization efforts, building on existing achievements, speeding up economic modernization projects and structural reforms to promote sustainable growth, lower unemployment, and safeguard citizens' standard of living. Performance will be evaluated based on governance, transparency, and accountability principles.
Due to ongoing regional and global tensions, Jordan is currently facing challenges and difficult circumstances that are having a negative impact on its national economy.
Aligned with the government's careful fiscal strategy and strong macroeconomic measures, leading to an improvement in Jordan's credit rating and bolstering confidence in the government's actions, the objective is to maintain the progress made and be prepared to address economic challenges while safeguarding against crises by managing the deficit and keeping public debt at targeted levels.