jordan pulse -
Local revenues increased during the first eleven months of 2023 to reach 7694.9 million dinars, an increase of 374 million dinars compared to the same period of the previous year, reaching 88.4% coverage of current expenses.
According to a statement issued by the Ministry of Finance, this increase came as a result of the increase in tax revenues by about 206.5 million dinars, and the increase in non-tax revenues by about 167.5 million dinars.
The statement pointed out that the increase in tax revenues is due to the increase in income and profit tax revenues by 205.5 million dinars to reach a value of 1678 million dinars, and the achievement of 108.6% of the estimated in the General Budget Law for the year 2023, as a result of the improvement in tax compliance and compliance of taxpayers in submitting tax returns without raising tax rates.
In terms of public spending, he indicated that the total expenditure of the central government / budget during the first eleven months of 2023 amounted to about 9760.7 million dinars compared to 9388.4 million dinars during the same period of the previous year, as a result of the increase in current expenditures by 590.7 million dinars compared to the same period of the previous year.