The Government of Jordan has reached an agreement with the International Monetary Fund (IMF) at the expert level on the sixth review of the Kingdom's economic reform program supported by the Fund through the Extended Financing Program. The completion of this review will bring the total IMF disbursements since the start of the program in 2020 to 1300 million SDRs (approximately US$1750 million).
The IMF expects Jordan's real GDP to grow by about 2.6 percent in 2023 and inflation to fall to 2.7 percent. The IMF called on Jordan to continue the prominent Jordanian government policies in order to maintain macroeconomic stability, in light of the slowdown in global economic growth and the escalation of volatility in international financial markets.
Source (Asharq Al-Awsat Newspaper, Edited)
