Source link : https://capital-cities.info/2025/08/18/world/jordans-revenues-soar-by-232-million-as-public-debt-drops-below-91-of-gdp/
Jordan has reported a significant boost in its fiscal performance, with revenues rising by $232 million, according to data highlighted by ZAWYA. This positive development accompanies a notable decline in the country’s public debt, which has fallen below 91% of GDP for the first time in recent years. The improvement signals a strengthening economic outlook for Jordan as it continues efforts to stabilize its financial position amid regional and global economic challenges.
Jordan Reports Significant Revenue Increase Fueling Economic Stability
In a notable economic development, Jordan has witnessed a substantial increase in its revenues by $232 million, marking a pivotal moment in the country’s financial landscape. This boost is attributed primarily to enhanced tax collection efforts, a surge in exports, and increased foreign direct investments. As a result, the nation is experiencing greater fiscal resilience, enabling the government to allocate more resources toward public services and infrastructure projects without resorting to additional borrowing.
Key contributors to this positive trend include:
- Improved compliance with tax regulations and expanded tax base
- Growth in key sectors such as tourism and manufacturing
- Strategic partnerships attracting foreign capital
- Government-led initiatives to enhance public financial management
| Economic Indicator | Current Value | Previous Value |
|---|---|---|
| Revenue Increase | $232 mln | $180 mln |
| Public Debt (% of GDP) | 89.7% | 91.3% |
Public…
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Author : Atticus Reed
Publish date : 2025-08-18 02:51:00
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