AMMAN — According to a knowledgeable government source,
no taxes and duties, on any commodity and service, are stipulated in the 2023
budget, regardless of the economic challenges Jordan is facing, Al-Rai daily
reported.
اضافة اعلان
The source said
that the government will not address the
budget deficit and challenges by
imposing new taxes on citizens who are already burdened by taxes and fees, the
source said, stressing that the government has taken a different path, tackling
the deficit and debt repayment through continuing to pursue tax evaders and
collecting funds from them.
This has shown in
the higher tax revenues this year, compared to previous years, he said, adding
that there is also tougher controlling and combating of smuggling, in all its
forms, reached by standardizing customs duties between
Aqaba and the rest of
the Kingdom, in order to raise customs revenues from taxes on imports.
The 2023 budget
will be very similar to that of the current year, in terms of size; next year’s
budget deficit will be reduced by continuing economic reforms, the source said.
According to the
source, one of the objectives of next year’s budget is to promote economic
growth by allocating funds to implement the
Economic Modernization Vision and
the administrative modernization process.
He said that one of
its main objectives is to encourage investment, create jobs and increase
production in various sectors, and stressed that Jordan has come a long way
toward achieving these goals through the adoption of legislation regulating the
investment environment, including issuing approval for investment within 15
days.
The source added that next year’s budget will also focus on
providing social protection by raising or maintaining the JD220 million
allocated for this purpose, in addition to continuing to subsidize the
commodities currently supported by the government, to keep their prices stable
in the midst of worldwide rises as a result of the global geo-political
turmoil.
Read more Business
Jordan News