Amman: The Royal Decree sanctioning the General Budget Law for the fiscal year 2026 was officially published in the Official Gazette on Sunday. This decree marks a significant step in outlining the financial roadmap for the upcoming year.
According to Jordan News Agency, the draft 2026 General Budget Law projects total public revenues to reach approximately JD10.931 billion. This figure includes JD10.196 billion anticipated from domestic revenues and JD735 million expected from foreign grants. The financial forecast also includes an expected real gross domestic product growth of no less than 2.9 percent for the year 2026. Finance Minister Abdelhakim Shibli highlighted a nominal GDP growth projection of 5.4 percent, with inflation rates anticipated to remain stable at 2 percent.
The Ministry of Finance has projected that domestic revenues will cover about 89 percent of the current expenditures. Moreover, the budget deficit, post grants, is expected to decrease to around JD2.125 billion. Additionally, the net deficit for all government units is estimated at JD671 million.
The budget plan for 2026 estimates current expenditures to be about JD11.456 billion, marking a 5.1 percent increase compared to 2025. Capital expenditures are projected at approximately JD1.6 billion, reflecting a 16.8 percent rise aimed at fostering growth and encouraging investment.