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2026-11-03T18:49:05.000Z

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IMF-Jordan $294M accord

IMF-Jordan $294M accord

The International Monetary Fund and the Jordanian authorities have reached a staff-level agreement on the sixth review of the Extended Fund Facility and the third review of the Resilience and Sustainability Facility. Once the reviews are completed and approved by IMF management and its Executive Board, they will unlock total financing of about $294 million—around $133 million for the first review and $161 million for the second. The Fund said Jordan’s economy had proved resilient despite the effects of the regional war, recording real growth of 3% in the first half of 2026 while inflation remained under control. The authorities aim to reduce public debt to about 80% of GDP by 2028, while continuing fiscal and structural reforms, including the Amman water desalination and conveyance projects and the Aqaba–Shidiya–Ma’an railway.

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