The Secretary General of the Ministry of Finance, Dr. Abdul Hakim Al-Shabli, gave a lecture on Tuesday at the Royal Jordanian National Defense College entitled "Financial Policy in Jordan" for scholars in the 19th Defense course in the presence of the college commandant Brig.Gen dr.awad al-tarawneh and the head of directing staff and directing staff in college.
"The repercussions of the CORONA pandemic have had a negative and profound impact on our national economy, which for the first time in decades recorded a contraction in real GDP to 1.6% for 2020 compared to an average growth rate of 2 per cent," said Dr. Al-Shabli. 4% over the past 10 years," he said, noting that the government has spared no effort to contribute to mitigating these repercussions, both in the business sector and citizens, where a series of mitigation and stimulus measures have been taken in terms of fiscal and monetary policies, In order to help the private sector continue production, in addition to strengthening the social protection network. The Secretary General of the Ministry of Finance confirmed that despite the continuing repercussions of the Corona pandemic on the economy, the measures taken by the Ministry of Finance contributed to the collection of 75.3% during the first nine months of the total estimated revenue in the 2021 general budget of 8,138 million dinars. Dr. Al-Shabli pointed out that the economic projections of the budget bill for 2022 indicate that GDP is expected to grow at constant prices by 2.7% for 2022, 3.1% for 2023, and 3.3% for 2024, and nominal GDP growth of 4.1% for 2024. 8% for 2022, 5.7% for 2023, 5.9% for 2024, 2.0% for 2022, 2.5% for 2023 and 2.5% for 2024 At the end of the lecture, an extended discussion took place during which the guest answered scholar’s questions and inquiries.