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13.7B Dinars No Tax Rise

13.7B Dinars No Tax Rise

Jordanian Finance Minister Abdul Hakim Shibli announced that spending in the 2027 budget will total about 13 billion and 753 million dinars, including 12 billion and 25 million in current expenditure and 1 billion and 710 million in capital expenditure. He stressed that there are no plans to increase income or sales taxes or impose new taxes. The budget includes a monthly increase of 30 dinars for civilian and military employees and retirees earning less than 600 dinars. The total cost of the three packages is about 260 million dinars. The government projected that domestic revenues would grow by 10% to 11%, while allocations for capital expenditure rose by more than 18% to accelerate national projects. Funding for social protection programs will continue.

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