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2026 Budget Fiscal Test

2026 Budget Fiscal Test

Jordan’s completion of the IMF’s sixth review at the staff level coincided with fiscal indicators for 2027 showing that, compared with the revised estimates for the 2026 budget, domestic revenues are projected to rise by 11.1% to JOD 10.934 billion, despite a 17.7% decline in grants to JOD 700 million. Total revenues are projected to increase by 8.8% to JOD 11.634 billion, while expenditure is set to grow by 7.3% to JOD 13.687 billion. Capital expenditure is expected to rise by 13.2% to JOD 1.641 billion. The deficit is projected to fall to 4.2% of GDP after grants and 5.7% before grants, while the primary deficit is expected to decline from 1.4% to 0.9%. These estimates point to an improvement in fiscal indicators and underscore the importance of continuing reform and fiscal discipline.

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