jordan pulse -

​During its 13th ordinary session held Monday under the chairmanship of Head of the Greater Amman Municipality (GAM) Committee Ahmad Al-Malkawi, the GAM Committee approved the municipality's draft budget for the upcoming year 2027, amounting to 449 million JOD, alongside indicative budgets for 2028, 2029, and 2030.
​According to the budget, estimated revenues are distributed between self-generated revenues totaling 414.718 million JOD, grants amounting to approximately 5.653 million JOD, fuel returns and licensing revenues at 25.5 million JOD, and other funding sources at around 3.151 million JOD.
​Total estimated expenditures (current and capital) reached approximately 449 million JOD, with current expenditures accounting for 271.367 million JOD and capital expenditures standing at 177.655 million JOD.
​Speaking during the session, Al-Malkawi stated that the preparation of the 2027 draft budget was the result of joint efforts between the financial sector and all GAM directorates. He noted that it followed a thorough review of sector needs, projects, and initiatives, prioritizing them according to impact and aligning them with GAM's strategic goals.
​He added that this budget aims to meet the demands of the coming phase, with its line items focusing on priority initiatives that ensure improved service quality and reflect positively on citizens' lives.
​Al-Malkawi highlighted that the budget was prepared based on fundamental pillars, foremost among them achieving financial sustainability for GAM, controlling spending, improving collection tools, and rationalizing expenditures to strike the required balance between financial stability and enhancing service delivery.
​During the meeting, the committee also approved the recommendations of GAM's Investment Committee.
​Source: Rum News Agency