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Jordan aims to reduce budget deficit to 2.8%, stay within inflation rate of 3.8% , PM says

Jordan Daily – Prime Minister Bishr Al-Khasawneh said on Friday that the government aims to reduce the budget deficit this year to 2.8%.

He added in his speech during the activities of the government forum, held at the Dead Sea, that the government aims to stay within an annual inflation rate that does not exceed 3.8% until the end of the year.

On Friday, the activities of the government forum began, a year after the launch of the vision of economic modernization.

Al-Khasawneh said that the government has finished digitizing 40 percent of government services.

He pointed out that the government allocated the required financial provisions in the 2023 budget, at a value of JD 670 million for economic modernization, and JD 45 million for modernizing the public sector.

Al-Khasawneh pointed out that the government has a “sacred” commitment not to approach the independence of the Central Bank, its prudent decisions and policies that distinctly maintain monetary stability, and which preserved a historical reserve of $17.4 billion and the strength of the dinar.

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