Government’s general revenues reach JD7.32 billion in 2021

Ministry of Finance
(Photo: Ameer Khalifeh/Jordan News)
AMMAN — The government’s general revenues rose to about JD7.325 billion in 2021, figures released Wednesday by the Ministry of Finance show, with actual collection rate rising by 100.4 percent, according to the Jordan News Agency, Petra.اضافة اعلان

Revenues last year grew by JD1.087 billion over 2020, figures show, a growth attributed by the ministry to the JD668.3 million increase in tax revenues, and JD418.5 million in non-tax revenues. At the same time, public expenditures increased by JD647.4 million in 2021, reaching a total of JD9.859 billion, a 7 percent increase over 2020.

The rise was driven by a JD315.4 million increase in capital expenditures compared to 2020.

The ministry was able to reduce the budget deficit by JD451.9 million compared to 2020, and by JD239.7 million compared to the deficit estimated in the general budget law for the fiscal year 2021.


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