Finance Minister Abdul Hakim Al-Shibli delivered the 2026 General Budget Bill speech on Tuesday, outlining the government’s financial and economic outlook for the coming year.
اضافة اعلان
Al-Shibli stated that Jordan’s real GDP is expected to grow by no less than 2.9% in 2026, while nominal GDP is projected to increase by 5.4%. He added that inflation rates are expected to remain moderate at around 2%.
The minister noted that the global economy has faced increased uncertainty this year due to economic disruptions and exceptional circumstances stemming from heightened trade tensions, protectionist measures, and escalating geopolitical conflicts, which have caused severe disturbances in global supply chains. “These developments have clearly affected global economic prospects and growth expectations,” he said, citing IMF forecasts that global growth will remain slow at 3.2% in 2025, with global trade growth expected to decelerate to 2.9% that same year.
According to the draft budget, the government estimated total public revenues for 2026 at 10.931 billion dinars, including 10.196 billion dinars in domestic revenues and 735 million dinars in foreign grants.
Al-Shibli explained that domestic revenues will cover about 89% of current expenditures, while the budget deficit after grants is expected to decline to around 2.125 billion dinars. The net deficit for all government units was estimated at 671 million dinars.
He added that current expenditures for 2026 are projected at 11.456 billion dinars, an increase of 5.1% compared to 2025, while capital expenditures are estimated at 1.6 billion dinars, marking a 16.8% increase aimed at stimulating growth and investment.
The budget also allocates:
396 million dinars for Economic Modernization Vision projects,
60 million dinars for the National Water Carrier Project,
35 million dinars for Risha gas exploration projects, and
210 million dinars to support and develop municipalities.
Al-Shibli further noted that the government has earmarked 124 million dinars for cancer patient treatment, 171 million dinars to support bread and strategic commodities, and 80 million dinars to subsidize gas cylinders.
In the education sector, allocations to public universities were raised to 80 million dinars, while the Student Support Fund was increased to 35 million dinars.
The minister also highlighted a 274 million dinar increase (4.3%) in salaries for civil and military employees, security personnel, and retirees compared to 2025 — a rate higher than the prevailing inflation levels.
