Jordan’s capital spending hits $1.97bn in 2025, achieves record budget execution rate

Jordan’s record 2025 capital spending supports its Economic Modernization Vision. Getty
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Updated 28 January 2026
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Jordan’s capital spending hits $1.97bn in 2025, achieves record budget execution rate

JEDDAH: Jordan’s capital spending surged 20 percent in 2025 to 1.4 billion dinars ($1.97 billion), achieving a record 96 percent execution rate as the government boosted growth, infrastructure, and development projects nationwide.

This aligns with government directives to implement capital projects funded under the General Budget Law, aimed at stimulating economic growth and accelerating economic activity, according to Jordan News Agency, Petra.

Jordan’s record 2025 capital spending supports its Economic Modernization Vision, funding strategic infrastructure, energy, and industrial projects to drive growth, create jobs, and strengthen fiscal and economic resilience.

The increase also reflects the government’s strategy to encourage private sector participation while enhancing public services and infrastructure across the Kingdom.

“According to preliminary financial data, capital spending increased by approximately 230 million dinars by the end of 2025, or 20 percent, compared with 2024,” Petra reported.

It added: “With this increase, the ratio of actual capital spending to targeted allocations under the 2025 General Budget Law reached about 96 percent, marking the highest execution rate on record, compared with an average of 82 percent in previous years.”

Detailed figures show that approximately 333 million dinars were spent on projects under the Economic Modernization Vision, while around 180 million dinars were allocated to municipal development and 123 million dinars to decentralization initiatives in the governorates.

An additional 55 million dinars supported projects of the Jordan Tourism Board, as per the same source.

Capital funding also targeted major initiatives, including 50 million dinars for initial works on the National Carrier Project, part of the government’s planned 250 million dinars investment. 

A further 29 million dinars went toward completing Princess Basma Hospital, supplying natural gas to industrial zones, maintaining school buildings, and rehabilitating roads nationwide.

Allocations were also directed to upgrading computer systems and advancing the digital transformation of services across several ministries.

Looking ahead, Jordan’s 2026 budget is set to build on the momentum of 2025 by prioritizing the second phase of the Economic Modernization Vision.

With capital spending estimated at 1.6 billion dinars, including 400 million dinars for EMV projects, the government plans over $10 billion in strategic investments across water, energy, and transport, health, as well as infrastructure, largely in partnership with the private sector and funded primarily from external sources.

Flagship projects such as the National Water Carrier, the Aqaba–Shidiyah/Maan–Ghor Al-Safi railway, and the Risheh gas pipeline are expected to spur growth, create jobs, and enhance public services, while fiscal discipline and transparent oversight seek to maintain macroeconomic stability and expand reliance on domestic revenue for public spending.


Closing Bell: Saudi main index closes in red at 10,947 

Updated 19 February 2026
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Closing Bell: Saudi main index closes in red at 10,947 

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 208.20 points, or 1.87 percent, to close at 10,947.25. 

The total trading turnover of the benchmark index was SR4.80 billion ($1.28 billion), as 14 of the listed stocks advanced, while 253 retreated. 

The MSCI Tadawul Index decreased, down 25.35 points, or 1.69 percent, to close at 1,477.71. 

The Kingdom’s parallel market Nomu lost 217.90 points, or 0.92 percent, to close at 23,404.75. This came as 24 of the listed stocks advanced, while 43 retreated. 

The best-performing stock was Musharaka REIT Fund, with its share price up 2.12 percent to SR4.34. 

Other top performers included Al Hassan Ghazi Ibrahim Shaker Co., which saw its share price rise by 1.18 percent to SR17.20, and Saudi Industrial Export Co., which saw a 0.8 percent increase to SR2.51. 

On the downside, Abdullah Saad Mohammed Abo Moati for Bookstores Co. was among the day’s biggest decliners, with its share price falling 9.3 percent to SR39. 

National Medical Care Co. fell 8.98 percent to SR128.80, while National Co. for Learning and Education declined 6.35 percent to SR116.50. 

On the announcements front, Red Sea International said its subsidiary, the Fundamental Installation for Electric Work Co., has entered into a framework agreement with King Salman International Airport Development Co. 

In a Tadawul statement, the company noted that the agreement establishes the general terms and conditions for the execution of enabling works at the King Salman International Airport project in Riyadh.  

Under the 48-month contract, the scope of work includes the supply, installation, testing, and commissioning of all mechanical, electrical, and plumbing systems.  

Utilizing a re-measurement model, specific work orders will be issued on a call-off basis, with the final contract value to be determined upon the completion and measurement of actual quantities executed.  

The financial impact of this collaboration is expected to begin reflecting on the company’s statements starting in the first quarter of 2026, the statement said. 

The company’s share price reached SR23.05, marking a 2.45 percent decrease on the main market.