jordan pulse -
AMMAN
The Cabinet, during a session held on Sunday chaired by Prime Minister Dr. Jafar Hassan, approved the Draft General Budget Law for the fiscal year 2027, preparing it for submission to the House of Representatives for constitutional enactment.
The early approval of the draft budget law underscores the government's commitment to constitutional timelines and aims to expedite the execution of listed capital projects to maximize their economic impact, particularly for high-priority national initiatives.
Social Protection and Essential Subsidies
Under the 2027 budget, the government will maintain its social protection framework and provide required funding for programs targeting vulnerable segments.
Key allocations include:
Full coverage of treatment costs for cancer patients.
Continued direct subsidies for basic commodities.
Maintaining unchanged prices for subsidized bread.
Strengthening the strategic stock reserves of wheat and barley.
Sustaining the price subsidy for domestic gas cylinders to protect citizen purchasing power against rising living costs.
Major Strategic and Infrastructure Projects
The 2027 budget allocates funding for flagship strategic projects designed to enhance national water and energy security while reducing dependence on external sources, led by:
The National Water Carrier Project
The Risha Gas Field Development Project
Additionally, the draft budget increases capital allocations for key public service sectors, including education, health, public works, and water resources. It also expands financial support for municipal development projects to upgrade basic infrastructure and local services across all governorates, in line with priority needs identified during Royal visits and Cabinet field sessions.
The budget structure aligns directly with the Second Executive Program of the Economic Modernization Vision, focusing capital spending on priority sectors to stimulate economic growth and generate employment opportunities across the Kingdom.
Source: Rum News Agency