Amman: Domestic revenues have increased significantly in 2024, totaling JD8770.5 million, up from JD8520 million in 2023, marking a rise of JD250.6 million.
According to Jordan News Agency, the Ministry of Finance attributed this increase to improvements in combating tax evasion and avoidance, which boosted tax revenues by approximately JD168.7 million, reaching JD6440.9 million. Additionally, non-tax revenues saw an increase of approximately JD81.9 million, totaling JD2329.7 million.
The ministry’s statement highlighted that local revenues have improved compared to the re-estimated data for 2024, which was approximately JD8618 million. This improvement is a result of the government’s recent economic measures, aligned with the economic modernization vision. These measures include a 50 percent exemption from the special tax on electric cars, exemptions for vehicles with expired licenses from additional fees, and significant reductions in fines for customs cases before December 31, 2022.