– Jordan’s economy has shown notable resilience, supported by expanding economic activity
– Progress made in addressing long-standing weaknesses in the water and electricity sectors
اضافة اعلان
A staff-level agreement has been reached between an International Monetary Fund (IMF) mission and the Jordanian government on the fourth review of the economic reform program supported by the Extended Fund Facility (EFF), as well as the first review of reform measures under the Resilience and Sustainability Facility (RSF). Following approval by the IMF’s Executive Board, the agreement will allow Jordan to access approximately USD 244 million, as part of the total amounts allocated to support financial and structural stability.
IMF Mission Chief to Jordan, Cesar Serra, said at the conclusion of the mission’s visit to Amman—which took place from 28 September to 7 October 2025—that performance under the reform program continues to deliver strong results, despite a challenging external environment marked by regional tensions.
He explained that Jordan successfully met all quantitative performance criteria and structural benchmarks for the fourth review, with the exception of one criterion, indicating that the program remains firmly on track toward achieving its overarching objectives.
According to the statement issued yesterday, Jordan’s economy has demonstrated notable resilience, with growth accelerating to 2.7% in the first half of 2025, driven by broad-based expansion in economic activity.
Inflation remained stable at around 2%, reflecting the Central Bank of Jordan’s firm commitment to maintaining monetary stability and the dinar’s peg to the US dollar, supported by high levels of foreign reserves and a sound banking sector.
On public finances, Serra noted that Jordan is on track to meet its budget deficit targets, as authorities have implemented strong measures to enhance revenue collection and broaden the tax base.
The government aims to steadily reduce public debt to 80% of GDP by 2028, while ensuring spending efficiency and safeguarding social protection programs and priority development expenditure.
Under the Resilience and Sustainability Facility, Jordan is making progress in addressing long-standing vulnerabilities in the water and electricity sectors, as well as strengthening preparedness for health emergencies.
The authorities also plan to accelerate structural reforms to improve the business environment and digitize services, with the goal of creating more job opportunities—particularly for youth and women—to address high unemployment rates.
IMF staff expect economic growth to exceed 3% in the coming years, supported by major investment projects such as the National Water Carrier Project, in addition to opportunities to enhance regional economic integration with neighboring countries.
The IMF mission expressed its appreciation to Jordanian officials, led by Prime Minister Dr. Jaafar Hassan, for the frank and constructive discussions held during the visit.
