Finance Minister unveils 2025 budget highlights

Jordan’s Finance Minister Abdelhakim Shibli announced that total public revenue for 2025 is projected at JD 10.233 billion, marking an increase of JD 875 million, or 9.4 percent, compared to revised 2024 figures.

External grants are estimated at JD 734 million, reducing their share of total expenditures to 5.9 percent in 2025, down from 6.3 percent in 2024. This shift highlights improved government self-reliance, according to ٍShibli.

Local revenues for 2025 are expected to reach JD 9.498 billion, an increase of JD 880 million or 10.2 percent.

The rise is largely driven by a JD 804 million (12.7 percent) growth in tax revenues, attributed to enhanced tax collection efficiency.

On the expenditure side, total spending is forecast at JD 12.511 billion, an increase of JD 713 million or 6 percent. Capital expenditures are set at JD 1.469 billion, up JD 209 million or 16.5 percent from the previous year.

The budget allocates JD 807 million to the Ministry of Health to enhance healthcare, JD 1.286 billion to the Ministry of Education, and substantial funds for social protection, including university support and student aid programs.

The minister emphasized that the 2025 budget is a key tool for advancing the national economy, with allocations for vital projects such as the National Water Carrier, tourism initiatives, and public transportation development.

Public debt is projected at 90 percent of GDP in 2025, with plans for gradual reduction to 80 percent by 2028. The budget deficit for 2025 is estimated at JD 2.278 billion, equivalent to 5.7 percent of GDP.