The General Budget Department on Monday released the draft budget law for 2025 on its website, detailing key financial allocations, capital projects for 2025-2027, and governorate budgets within established spending ceilings.
The draft law is grounded in realistic assumptions and aligns with the objectives of the Economic Modernization Vision. It allocates funding for major national projects, including the national water carrier initiative and the railway project linking Aqaba Port to the mining regions of al-Shidiya and Ghor al-Safi.
The budget framework anticipates a 2.5% growth in the national economy in real terms and a 4.9% nominal growth, with moderate inflation rates expected to support financial and monetary stability.
Total public expenditures are projected at JD12.5 billion, comprising JD11.042 billion in current expenditures and JD1.47 billion in capital expenditures reflecting a 16.5% increase compared to 2024. These funds will be directed toward major projects, the construction and maintenance of hospitals and schools, and other critical infrastructure needs.
The draft estimates public revenues at JD10.233 billion, including JD9.5 billion in local revenues and JD734 million from foreign grants. The primary deficit is expected to decline to 2% of GDP in 2025, compared to 2.9% in 2024.
In line with the public sector modernization roadmap, the draft budget earmarks funds for the execution of its programs, the implementation of updated public sector job guidelines, and the creation and fulfillment of new vacancies.
The General Budget Department on Monday released the draft budget law for 2025 on its website, detailing key financial allocations, capital projects for 2025-2027, and governorate budgets within established spending ceilings.
The draft law is grounded in realistic assumptions and aligns with the objectives of the Economic Modernization Vision. It allocates funding for major national projects, including the national water carrier initiative and the railway project linking Aqaba Port to the mining regions of al-Shidiya and Ghor al-Safi.
The budget framework anticipates a 2.5% growth in the national economy in real terms and a 4.9% nominal growth, with moderate inflation rates expected to support financial and monetary stability.
Total public expenditures are projected at JD12.5 billion, comprising JD11.042 billion in current expenditures and JD1.47 billion in capital expenditures reflecting a 16.5% increase compared to 2024. These funds will be directed toward major projects, the construction and maintenance of hospitals and schools, and other critical infrastructure needs.
The draft estimates public revenues at JD10.233 billion, including JD9.5 billion in local revenues and JD734 million from foreign grants. The primary deficit is expected to decline to 2% of GDP in 2025, compared to 2.9% in 2024.
In line with the public sector modernization roadmap, the draft budget earmarks funds for the execution of its programs, the implementation of updated public sector job guidelines, and the creation and fulfillment of new vacancies.
The General Budget Department on Monday released the draft budget law for 2025 on its website, detailing key financial allocations, capital projects for 2025-2027, and governorate budgets within established spending ceilings.
The draft law is grounded in realistic assumptions and aligns with the objectives of the Economic Modernization Vision. It allocates funding for major national projects, including the national water carrier initiative and the railway project linking Aqaba Port to the mining regions of al-Shidiya and Ghor al-Safi.
The budget framework anticipates a 2.5% growth in the national economy in real terms and a 4.9% nominal growth, with moderate inflation rates expected to support financial and monetary stability.
Total public expenditures are projected at JD12.5 billion, comprising JD11.042 billion in current expenditures and JD1.47 billion in capital expenditures reflecting a 16.5% increase compared to 2024. These funds will be directed toward major projects, the construction and maintenance of hospitals and schools, and other critical infrastructure needs.
The draft estimates public revenues at JD10.233 billion, including JD9.5 billion in local revenues and JD734 million from foreign grants. The primary deficit is expected to decline to 2% of GDP in 2025, compared to 2.9% in 2024.
In line with the public sector modernization roadmap, the draft budget earmarks funds for the execution of its programs, the implementation of updated public sector job guidelines, and the creation and fulfillment of new vacancies.
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