AMMAN — Finance Minister Abdelhakim Shibli on Thursday said the government will consider raising public sector salaries in 2027 while maintaining financial stability, in line with directives from Prime Minister Jafar Hassan.

 

Speaking during a session of the Lower House, Shibli said the 2026 budget represents the practical implementation of the second phase of the Economic Modernisation Vision, focusing on key projects in education, health, and infrastructure. These include the construction of 71 new schools and an increase in health sector allocations to JD71 million.

 

He highlighted that the national economy delivered positive results in 2025, with GDP growth reaching 2.7 per cent overall and 2.8 per cent in the first two quarters. Inflation eased to 1.9 per cent, foreign reserves hit a record $24.6 billion, and foreign direct investment rose by 36 per cent.

 

Shibli emphasised the government’s commitment to gradually reducing the deficit and public debt, noting that the budget shortfall is expected to decline to 3.6 per cent of GDP by 2028. He added that social protection support increased by 9 per cent, while domestic revenues are projected to cover 89 per cent of current expenditures in 2026.

 

The minister reaffirmed the government’s dedication to implementing the Finance Committee’s recommendations and deputies’ observations, as well as monitoring the progress of projects under the economic modernisation vision.

 

He stressed that the budget is grounded in realism and transparency, giving priority to supporting the Armed Forces, maintaining financial stability, and enhancing public services for citizens.