
Finance Minister Mohamad Al Ississ said on Wednesday that Jordan's draft 2023 budget forecasts 11.4 billion dinars ($16 billion) in state expenditure as the economy's recovery gathers pace.
Al Ississ said in a statement the budget deficit was expected to fall to 2.9% of GDP next year from 3.4% this year with improved state revenues as the country's IMF-backed reforms yield results in enhanced fiscal consolidation.