Government: Vehicle Tax Reduction Decision is Final and in the Public's Interest - Jordan News

Jordan News

a day ago

Minister of State for Economic Affairs Mohannad Shihadeh confirmed that the government's decision to reduce vehicle taxes, announced on Saturday, is final and conclusive, emphasizing that it is intended to serve the best interests of citizens. اضافة اعلان In an interview with Radio Hala, Shihadeh stated that the decision is part of a broader package of 94 economic stimulus measures adopted by the government, all aimed at boosting economic growth and enhancing quality of life, in alignment with the country's Economic Modernization Vision. He noted that the decision carries two key dimensions: Financial – Making it easier for citizens to purchase high-quality, advanced vehicles at affordable prices. Regulatory – Banning the import of 'salvage' vehicles, which have been involved in accidents, flooding, or fires and previously entered the Kingdom under exceptions beyond the national standards. Shihadeh revealed that 40,000 salvage vehicles entered Jordan last year under special exceptions. As a result, the government decided to regulate the sector by imposing a specific technical standard. Additionally, the import of used electric vehicles, including from the current model year, has been banned for the past three years. He emphasized that the decision benefits citizens in two key ways: Lower vehicle prices Higher quality standards for imported cars, which must now meet clear Jordanian specifications and originate from known manufacturers. Shihadeh stressed that all citizens will benefit from this decision. While some may sell their current vehicles at a lower price, they will also be able to buy better vehicles at reduced costs, ensuring that everyone gains.
He added that when customs duties are reduced by 27%, 28%, or even 35%, along with regulatory stability and unified tax brackets, this will stimulate demand, revitalize the auto market, and enhance purchasing power by driving prices down.