An International Monetary Fund (IMF) mission began the fifth review of Jordan's economic program in Amman last Thursday via video conferencing, a source confirmed to "Al-Mamlaka."
اضافة اعلان
The mission held several meetings with the government's economic team to discuss the economic, fiscal, and monetary conditions under the fifth review, within the framework of the Extended Fund Facility (EFF), and the second review under the Resilience and Sustainability Facility (RSF) arrangements with Jordan.
According to the source, the fifth review is expected to be concluded on the sidelines of the IMF and World Bank Spring Meetings while the government’s economic team is in Washington.
These reviews follow the IMF Executive Board's approval in December of the fourth review under the EFF and the first review under the RSF arrangements for Jordan.
The successful completion of the fifth review is expected to make available a new tranche of 97.784 million Special Drawing Rights (SDR) (approximately $130 million).
Furthermore, the successful completion of the second review under the RSF arrangements will provide approximately $110 million in support of Jordan's economic program. — (Al-Mamlaka)
