Jordan Approves 2027 Budget with 5.6% Growth Target and Salary Hikes
The Jordanian government has approved the 2027 state budget totaling 13.7 billion dinars, prioritizing economic growth and support for low-income citizens.
The Jordanian government has officially approved the state budget for the upcoming fiscal year, setting a target for GDP growth of 5.6%.
Minister of Finance, Abdel Hakim Al-Shibli, announced that the total volume of the new budget has reached 13.7 billion dinars, outlining the projected revenues and expenditures.
The budget includes specific allocations to increase salaries for public sector employees. These raises cover civil servants, military personnel, and low-income retirees.
To drive development, the government has increased capital expenditures to fund infrastructure and water projects, aiming to enhance public services.
The government also reaffirmed its commitment to maintaining subsidies on essential goods to support citizens and ensure economic stability.