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Thahboob releases key government documents
The article discusses the fifth review of the International Monetary Fund’s (IMF) assessment of Jordan’s economic reform plan. It highlights the continued rise in public debt, which now stands at 83.6% of GDP, alongside the failure to meet targeted goals. The report also points to ongoing problems with unemployment and delays in job creation. Additionally, it notes Jordan’s continued reliance on external funding and grants, as well as persistent losses in water and electricity companies. The challenges related to the sustainability of the social safety net and pension system are also emphasized, along with the rising losses of the electricity company despite declared diversification efforts. The article warns against long-term dependence on IMF financing without a clear exit strategy, as this exposes Jordan to financial dependence risks. It stresses that the program requires economic and social commitments that could place additional burdens on citizens. Finally, it underlines the importance of assessing how effective these policies are in improving living standards and the overall economic situation.
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