JD44.4 million spent in 2021 from Gulf grant — report

91% of total sum has been withdrawn since 2012

jod
(Photo: Envato Elements)
AMMAN — In 2021, the government spent JD44.47 million from the Gulf grant with an expenditure rate of 60 percent, according to a report by the Ministry of Planning and International Cooperation cited by Al-Mamlaka TV.اضافة اعلان

Between 2012 and the end of 2021, the government withdrew JD2.371 billion out of a total sum of JD2.631 billion, the report said.

According to a recent ministry report, Saudi Arabia provided Jordan with JD789.9 million, Kuwait provided JD886.2 million, and the UAE provided JD695.8 million.

Of the total sums withdrawn from the Gulf grant, JD612 million was allocated to road projects and JD414 million to energy projects, representing 98.3 percent and 99.7 percent of the total funds the grant allocated to each project respectively.

The health sector has been allocated JD301 million out of a total of JD481 million, while local development projects received JD376 million.

JD213 million of a total JD216 million was allocated to water and irrigation projects, JD181 million was withdrawn for the higher education sector, and JD125 million for the education sector.

The investment sector used JD94 million out of JD98 million, followed by JD17.2 million spent on communication projects out of JD35.4 million allocated to that sector. The transportation sector has received its total earmarked sum of JD44.9 million,

In 2011, the GCC heads of state decided to offer Jordan a $5 billion (JD3.5 billion) grant to be paid over five years four countries: Saudi Arabia, the UAE, Kuwait, and Qatar, with a contribution of $1.25 billion from each of the four countries. The projects submitted for funding were divided into two categories.

The first category was capital projects included in the 2012 General Budget Law, with a total cost of $3.175 billion; 63.5 percent of the total Gulf grant.

The Ministry of Planning indicated that these projects contributed to reducing the budget deficit, reducing the financial burden on the government, and helped in the implementation of ongoing developmental projects, which enabled the government provide the necessary services efficiently and effectively.

The second category included projects listed in the Executive Development Program (2011–2013), with a total cost of $1.825 billion; 36.5 percent of the total grant.

These projects contributed to advancing and upgrading priority sectors such as energy, water, and local development and supported the government in facing challenges related to the high cost of imported energy; improving water supply in the governorates; achieving balanced development across all governorates by bolstering the the least developed ones; and reducing unemployment rate by creating new jobs.

Read more Business