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Finance minister issues Financial Order No.1 to govern public spending

By JT - Jan 19,2021 - Last updated at Jan 19,2021

AMMAN — Minister of Finance Mohamad Al-Ississ on Monday issued Financial Order No.1 to govern public spending of ministries and state agencies for January 2021, the Jordan News Agency, Petra, reported.

The monthly spending will be regulated according to a rate of (1/12) of the budget allocations for the month of January of the fiscal year of 2020 until the issuance of the 2021 budget bill.

The order was announced due to the delay in passing the 2021 draft budget bill for 2021, as required by Article 113 of the constitution. Al-Ississ asked the ministries and state agencies to provide the Ministry of Finance with financial orders and remittances of capital expenditures.

He pointed out that capital allocations enable spending according to public and/or private financial orders and monthly financial transfers certified by the Director General of the General Budget Department, as stipulated in the General Budget Law No.4 of 2020.

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