Ready to play
Ready to play
Jordan is experiencing a rise in fuel and diesel prices, which increases winter costs and places a greater financial burden on families and the public budget. Data shows that the cost of 1,000 liters of diesel now adds approximately 50 Jordanian dinars to expenses, while fuel price increases lead to higher costs for heating, transportation, and food production. The government faces significant financial pressures, having borne around 255 million dinars in fuel subsidies and price gap support since the start of the crisis, with expectations that the public debt bill will expand, with its interest estimated at about $3.19 billion by 2026. Experts indicate that rising financing costs combined with inflation in energy prices are straining the budget and limiting the government's ability to provide social protection services, necessitating emergency financial plans that include reducing unnecessary spending while maintaining essential sectors, and preparing for potential impacts until the end of 2027.
Notice: This Is an AI-Generated Summary
Comments (0)