Gov’t to increase capital expenditures next year: Finance Minister, 1st add

Al-Ississ added that public sector salaries still constitute the vast majority of current expenditures at 66 per cent, followed by the public debt service at 15.6 per cent, explaining that civil apparatus salaries amount to JD1.9 billion in 2022.

He pointed out that employment is not the role of the government, but rather ensuring financial and monetary stability of the Jordanian economy that encourages the private sector to invest to create jobs, underlining the importance of the government’s role in preparing young people to enter the labor market and raising the competitiveness of the private market.

For his part, Minister Shboul said that the government will refer the two draft laws of the general budget and budgets of government units for the fiscal year 2022 to the Parliament, following their approval by the Cabinet.

He pointed out that the government was legally committed to approving the two bills before the end of November, and one month before the start of the fiscal year, noting that the 2022 budget comes in exceptional circumstances that the Kingdom is going through as a result of the continuing impacts of the Covid pandemic.

“The 2022 budget reflects the beginning of economic recovery, especially after the national economy has suffered difficult repercussions during the past two years as a result of the pandemic that affected the global economy as a whole,” Shboul said. “Our economy was negatively affected by the decline in exports and the decline in the flow of foreign investments.”

Shboul explained that the draft law of the general budget is an reflection of the government’s overall economic policy for the coming year, and also translates the government’s 2021-2023 economic work priorities program.

He also referred to the issuance of Defense Order No. (35), which will tighten procedures on individuals and institutions in the public and private sectors, as entry to them will be prohibited except for recipients of the two doses of the vaccine.

He indicated that the government gave the opportunity for nearly a month for non-recipients to receive the vaccine, before activating the new defense order at the beginning of next year.

Source: Jordan News Agency

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