AMMAN — The
government’s general budget recorded a JD1.005 billion deficit after grants in
the first seven months of 2022, while it recorded a JD521.9 million deficit in
the same period of the previous year, according to Hala News.
اضافة اعلان
According to the
Ministry of Finance monthly
report, the deficit before external grants amounted to JD1.087 billion during
the same period, while it stood at JD1.077 billion during the same period of
last year.
The government’s total general revenues in the
said period amounted to JD4.882 billion, compared to JD4.917 billion during the
same period of 2021, a decrease of JD35 million, or 0.7 percent.
Meanwhile, local revenues amounted to JD4.8
billion during the first seven months of 2022, compared to JD4.362 billion
during the same period of 2021, recording an increase of JD438.4 million.
Non-tax revenues increased by JD63.4 million.
The rise in tax revenues was mainly the result
of an increase in the general tax on “goods and services”, by JD129.9 million,
or 5.9 percent, an increase in the proceeds of the general tax on “income and
profits”, by JD284.4 million, or 30.1 percent, and also increased tax revenues
on “financial transactions (real estate sale tax)”, of JD13.8 million, or 38.8
percent; taxes on international trade and transactions decreased by JD53.1
million, or 28.6 percent.
The increase in non-tax revenues was attributed to a rise
in the proceeds of various revenues by about JD73.3 million. That included an
increase in mining revenues, a rise in the proceeds from the sale of goods and
services by about JD32.6 million, and a decrease in the proceeds of property
income by about JD40.3 million. Retirement income also declined by about JD2.1
million.
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