jordan pulse -

April 12, 2025, 11:52 AM: The International Monetary Fund (IMF) mission has begun discussions for the third review of Jordan’s programme under the Extended Fund Facility, following the completion of the second review consultations by the IMF Executive Board at the end of last year.

The IMF mission launched discussions on Sunday with the ministries of finance, social development, industry and trade, and environment, along with other ministers, senior government officials, and representatives from the Central Bank of Jordan. The discussions are expected to conclude by next Thursday.

If the review succeeds, Jordan would receive a new tranche worth 97.784 million Special Drawing Rights (around USD 130 million).

In a previous response to “Al-Mamlaka,” the IMF stated that Jordan has shown resilience in the face of prolonged regional conflicts and maintained macroeconomic stability. This resilience, it noted, reflects the government's continued implementation of sound macroeconomic policies and steady progress in reforms.

It added that recent developments in the region, especially ceasefire agreements in Gaza and Lebanon, offer cautious optimism, though economic uncertainty remains high.

The IMF expects Jordan’s economy to grow by 2.5% in 2025, with further growth of up to 3% in 2026, following 2.3% growth in 2024.

The Fund will its growth forecasts in the April edition of the World Economic Outlook, alongside a comprehensive assessment by the IMF mission during its visit to Jordan.

In December, the IMF Executive Board approved the second review of Jordan’s programme under the Extended Fund Facility, with total disbursements reaching 339.67 million SDRs (around USD 453 million).

The review showed that all commitments related to the second review were met, reflecting strong government commitment to sound macroeconomic policies and ongoing reform progress.