AMMAN, Nov. 21 (Xinhua) -- Jordan's cabinet on Thursday approved the state budget for 2025 in preparation for its referral to the Lower House in the coming days, the state-run Petra news agency reported.
The draft law estimated total public expenditures at 12.5 billion Jordanian dinars (about 17.62 billian U.S. dollars), representing an increase of 16.5 percent compared to the re-estimated level for 2024, the report said, noting the increase aims to cover funding for major projects, including the construction of new hospitals and schools, and the maintenance of old ones.
The draft law also expects a decrease in primary deficit for 2025 to 2 percent of the gross domestic product, compared to 2.9 percent in 2024.
The draft budget estimated public revenues at 10.233 billion dinars, of which 9.498 billion dinars are local revenues and 734 million dinars are foreign grants.
The draft budget is based on the expectation that the national economy will grow by about 2.5 percent in 2025, while maintaining moderate inflation rates. ■
