Jordan’s Foreign Grants Drop by 46.2 Million Dinars in Q1 2025

Jordan’s Foreign Grants Drop by 46.2 Million Dinars in Q1 2025
Jordan’s Foreign Grants Drop by 46.2 Million Dinars in Q1 2025
Foreign grants to Jordan reached 3.4 million dinars during the first quarter of 2025, a sharp decline compared to 49.6 million dinars during the same period last year, according to data from the Ministry of Finance.اضافة اعلان

This marks a decrease of 46.2 million dinars, or 93.2%, compared to Q1 2024, as reported by Al Mamlaka.

Despite the drop in disbursed grants, the Ministry of Planning and International Cooperation secured new pledges exceeding $2 billion in April alone, for funding key development projects through grants and loans.

According to a brief report on the achievements of government ministries and institutions in April, the Ministry of Planning signed funding agreements and received commitments totaling $2.1 billion from several partners, including:

The World Bank

The German Development Bank (KfW)

The Dutch Embassy

The Arab Fund for Economic and Social Development

Rise in Domestic Revenues
Meanwhile, domestic revenues increased by 150 million dinars in Q1 2025, reaching 2.16 billion dinars, up from 2.01 billion during the same period last year.

Tax revenues accounted for 1.582 billion dinars, distributed as follows:

General sales tax: 1.076 billion dinars

Income and profit tax: 419 million dinars

Real estate sales tax: 24 million dinars

Trade and international transaction taxes: 63 million dinars

Non-tax revenues amounted to 578 million dinars for the same period.

Public Debt Update
Jordan’s gross public debt, including debt held by the Social Security Investment Fund (SSIF), rose to 118.4% of GDP by the end of Q1 2025. However:

It drops to 91.5% when excluding SSIF-held debt

And further declines to 90.9% after excluding the deposit at the Central Bank earmarked for repaying the Eurobond maturing in June

These developments reflect ongoing fiscal challenges and a shift toward relying more on internal revenue sources and external loan commitments rather than direct grant disbursements.