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41/ Kingdom capital expenditure surges 60% in early 2026 to spur growth
Amman, April 22 (Petra)-- Jordan’s capital expenditure jumped by JD53.8 million ($75.9 million), or 60.4%, in the first two months of 2026 compared to the same period last year, a move aimed at accelerating economic activity and improving public infrastructure. According to a Ministry of Finance bulletin released on Wednesday, total government spending reached JD1.98 billion by the end of February. Current expenditures totaled JD1.84 billion, while capital spending totaled JD143 million. The ministry attributed the sharp rise in capital investment to a government policy of front-loading project spending at the start of the fiscal year. Key investments included the development of the Risha gas field, the equipping of the Ma’an Military Hospital, teacher training programs, municipal development initiatives, and support for the Jordan Tourism Board. Domestic revenues also saw a steady climb, rising by JD36.3 million, or 2.5%, to reach JD1.48 billion by the end of February, up from JD1.44 billion during the same period in 2025. The growth in domestic revenue was primarily driven by a significant increase in non-tax revenues, which rose by JD70 million during the first two months of the year to reach JD424.7 million. Foreign grants received by the kingdom in January and February totaled JD16.3 million, a sharp increase from the JD3.4 million recorded in the previous year. Consequently, total public revenues, including grants, reached JD1.49 billion, compared to JD1.44 billion during the same comparative period. //Petra// AF
22/04/2026 20:34:53
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