Jordan’s state spending forecast at $17.5bn in draft budget 

AMMAN: Jordan’s state spending is forecast at 12.4 billion dinars ($17.5 billion) in its draft 2024 budget, Finance Minister Mohamad Al-Ississ said on Wednesday, supported by a strong showing in International Monetary Fund backed reforms. 

Al-Ississ said growth was expected to be around 2.6 percent in 2024, the same level forecast for this year, as long as the war between Israel and Hamas did not lead to a wider conflict. 

“Jordan can overcome this crisis as long as the regional situation does not see further escalation,” he told Reuters. 

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