AMMAN — As of November last year, Jordan’s 2022
public debt totaled JD30.4
billion, at 88.2 percent of GDP, compared to JD28.7 billion at the end of 2021, or 88.6 percent of GDP.
اضافة اعلان
These
figures reflect the government’s
fiscal policy approach to achieving a gradual
reduction in the government debt-to-GDP ratio, according to a monthly bulletin
issued by the Finance Ministry.
RevenuesThe
bulletin showed that domestic revenues during the first 11 months of 2022
amounted to JD7.3 billion, up by JD601.7 million compared the same period in
2021, the Jordan News Agency, Petra, reported.
The
ministry broke down this revenue increase into a rise in
tax revenues by
JD369.2 million compared to the same period in 2021 and an increase in non-tax
revenues by JD232.4 million.
Meanwhile,
the coverage of expenditures by domestic revenues reached 90.2 per cent,
compared to 84.8 per cent during the corresponding period in 2021.
The
ministry attributed the increase in tax revenues to a boost in sales and
service tax by JD90.5 million, to reach a value of JD3.8 billion.
ExpendituresPublic expenditures rose by JD598.1 million during the first 11 months of 2022
compared to 2021, totaling JD9.4 billion.
Compared to
the January-November period of 2021, capital expenditure also increased by
about JD412 million.
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