Jordan, IMF reach staff-level agreement on reviews, paving way for $294m

RIYADH: Jordan has reached a staff-level agreement with the International Monetary Fund on two programme reviews, paving the way for approximately $294 million in financing, subject to approval by the fund’s management and executive board. The agreement covers the sixth review of Jordan’s economic reform program supported by the Extended Fund Facility and the third review under the Resilience and Sustainability Facility. Growth outlook, debt targets The IMF projected Jordan’s economy to grow by

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