Ministry of Finance

Have you ever wondered where the money that funds hospitals, schools, and roads comes from? The Ministry of Finance in Amman is the heart of the Jordanian government’s financial system. Standing before this imposing building, a symbol of power and control, you can’t help but be awed by its historical significance. The Ministry of Finance was founded in 1920 during the reign of the Emirate of Transjordan. Its creation marked a pivotal moment in Jordan’s financial history, solidifying its fiscal independence. The Ministry has played a central role in managing Jordan’s finances ever since. In its early days, the Ministry’s responsibilities included overseeing customs, taxes, and the treasury. The Jordan Investment Corporation and the Free Zones Corporation were also under the control of this powerful body. Today, the Ministry is responsible for formulating fiscal policies and overseeing how the government spends its money. The Ministry’s mission is to promote economic growth and sustainable development. One of their key functions is managing the country’s internal and external debt. The Ministry works hand-in-hand with the Central Bank of Jordan to ensure the stability of the Jordanian economy. The Ministry of Finance, though often seen as a cold institution, is a vital part of the Jordanian government, working tirelessly behind the scenes to ensure the well-being of the nation. The building stands as a testament to Jordan’s evolving financial landscape.