Latest news with #AlMamlaka
Jordan News
05-07-2025
- Business
- Jordan News
Gold Price for 21-Carat Reaches JD 67.8 per Gram in Local Market - Jordan News
Gold Price for 21-Carat Reaches JD 67.8 per Gram in Local Market The selling price of 21-carat gold, the most popular among Jordanians, reached JD 67.80 per gram on Saturday in the local market, according to jewelry shops, while the buying price stood at JD 65.60. اضافة اعلان As for other gold carats, the selling prices per gram were: 24-carat: JD 77.60 18-carat: JD 60.40 14-carat: JD 45.80 Additionally: The Rashadi gold lira (7 grams) was priced at JD 472 The English gold lira (8 grams) at JD 540 — (Al Mamlaka)
Jordan News
22-05-2025
- Business
- Jordan News
Jordan's Foreign Grants Drop by 46.2 Million Dinars in Q1 2025 - Jordan News
Foreign grants to Jordan reached 3.4 million dinars during the first quarter of 2025, a sharp decline compared to 49.6 million dinars during the same period last year, according to data from the Ministry of Finance. اضافة اعلان This marks a decrease of 46.2 million dinars, or 93.2%, compared to Q1 2024, as reported by Al Mamlaka. Despite the drop in disbursed grants, the Ministry of Planning and International Cooperation secured new pledges exceeding $2 billion in April alone, for funding key development projects through grants and loans. According to a brief report on the achievements of government ministries and institutions in April, the Ministry of Planning signed funding agreements and received commitments totaling $2.1 billion from several partners, including: The World Bank The German Development Bank (KfW) The Dutch Embassy The Arab Fund for Economic and Social Development Rise in Domestic Revenues Meanwhile, domestic revenues increased by 150 million dinars in Q1 2025, reaching 2.16 billion dinars, up from 2.01 billion during the same period last year. Tax revenues accounted for 1.582 billion dinars, distributed as follows: General sales tax: 1.076 billion dinars Income and profit tax: 419 million dinars Real estate sales tax: 24 million dinars Trade and international transaction taxes: 63 million dinars Non-tax revenues amounted to 578 million dinars for the same period. Public Debt Update Jordan's gross public debt, including debt held by the Social Security Investment Fund (SSIF), rose to 118.4% of GDP by the end of Q1 2025. However: It drops to 91.5% when excluding SSIF-held debt And further declines to 90.9% after excluding the deposit at the Central Bank earmarked for repaying the Eurobond maturing in June These developments reflect ongoing fiscal challenges and a shift toward relying more on internal revenue sources and external loan commitments rather than direct grant disbursements.
Jordan News
13-04-2025
- Business
- Jordan News
IMF Mission Begins Third Review of Jordan's Economic Program - Jordan News
IMF Mission Begins Third Review of Jordan's Economic Program The International Monetary Fund (IMF) mission has begun discussions for the third review of Jordan's economic program under the Extended Fund Facility (EFF), following the completion of the second review by the IMF Executive Board at the end of last year. اضافة اعلان On Sunday, the IMF mission commenced its discussions with the Ministries of Finance, Social Development, Industry and Trade, Environment, and other ministers, senior government officials, and officials from the Central Bank of Jordan. The mission is expected to conclude its discussions by next Thursday. The successful completion of the second review of the IMF-supported program is set to unlock a new tranche of 97.784 million Special Drawing Rights (approximately USD 130 million). In a previous response to "Al Mamlaka" TV, the IMF affirmed that Jordan has shown resilience in the face of prolonged regional conflicts and has maintained macroeconomic stability. It noted that this resilience reflects the Jordanian government's continued implementation of sound macroeconomic policies and progress in economic reforms. The IMF added that recent regional developments—particularly the ceasefire agreements in Gaza and Lebanon—provide cautious optimism, though economic uncertainty in the region remains high. The IMF projects Jordan's economy to grow by 2.5% in 2025, with a further expected increase to 3% in 2026, after achieving 2.3% growth in the previous year. The IMF will update its growth forecasts in the April edition of the World Economic Outlook report, in addition to the comprehensive assessment its mission will conduct during its current visit to Jordan. In December, the IMF Executive Board approved the second review of Jordan's program under the extended arrangement. At that time, the total disbursements to Jordan under the program amounted to 339.67 million SDRs (approximately USD 453 million). The review showed that Jordan had fulfilled all commitments related to the second review, reflecting the authorities' strong commitment to sound macroeconomic policies and continued reform progress. (Al Mamlaka)
Ammon
06-04-2025
- Business
- Ammon
18.4% growth in overnight and same-day visitors from Asia to Jordan in two months
Ammon News - The number of overnight tourists and same-day visitors from Asian countries reached 41,426 during January and February of this year, according to data from the Ministry of Tourism and Antiquities. The figures, reviewed by AlMamlaka, show that 37,778 were overnight tourists, while 3,648 were same-day visitors, totalling 41,426. Official statistics indicate that during the same period last year, the number of overnight tourists was 32,332 and same-day visitors reached 2,665, totalling 34,997 from Asian countries. Compared to the same period in 2024, the number of overnight and same-day visitors from Asia grew by 18.4%. The official data clarified that the Asian countries include: Indonesia, the People's Republic of China, the Philippines, Singapore, Iran, Japan, and other Asian nations. Preliminary figures released earlier by the Central Bank showed that tourism revenues during the first two months of 2025 rose by 16.3%, reaching $1,283.8 million compared to the same period in 2024. The data also show an increase in tourism revenues across all nationalities, including a 12.0% rise from Jordanian expatriates, 16.7% from Arab tourists, 4.6% from Europeans, 14.6% from Americans, and 42.5% from other nationalities.
Ammon
16-03-2025
- Business
- Ammon
Jordan's response plan requirements for Syrian crisis reach $1.6 billion in 2025
Ammon News - The government has estimated the value of the requirements of the Jordanian Response Plan for the Syrian Crisis for the year 2025 at approximately $1.6 billion, distributed across 10 main sectors aimed at supporting Syrian refugees and service projects in host communities, according to the plan's official website. The requirements of the current year are the lowest, which the government has set to finance the plan since its launch in 2015, amid a decline in international support for the plan, according to data from the Ministry of Planning an International Cooperation's website. Funding for Jordan's response plans to the Syrian crisis ranged between $2.98 billion in 2015 and $1.953 billion in 2024, statistics compiled by Al Mamlaka on the ministry's website reveled. Comparing the size of funding requirements between the current and previous years, the requirements for the Jordanian Response Plan to the Syrian Crisis for 2025 decreased by 18.43% compared to 2024. Jordan has hosted nearly 1.3 million Syrians since the beginning of the Syrian crisis in 2011, including nearly 600,000 Syrian refugees registered with the United Nations High Commissioner for Refugees (UNHCR). Donors and the international community have committed to funding 45.9% of Jordan's response plans to the Syrian crisis since their launch in 2015, through the end of 2023, while the total funding for the plans reached approximately $10.3 billion out of approximately $22.1 billion, while the annual funding deficit for the plans reached $11.8 billion. 10 main sectors in 2025: Water and Sanitation Sector: $368 million Basic Needs Sector: $317 million Health Sector: $258.6 million Education Sector: $244 million Protection and Justice Sector: $157 million Basic Services Sector: $108 million Livelihoods Sector: $70 million Shelter Sector: $31.6 million Agriculture Sector: $22.6 million
