Amman :The International Monetary Fund (IMF) today approved a $134 million disbursement to Jordan following the completion of the third review under the Extended Fund Facility.
The IMF’s Executive Board also approved a new 30 month $700 million programme under the Resilience and Sustainability Facility to support Jordan’s structural reforms.
According to the IMF, Jordan’s economy is projected to grow by 2.5% in 2024, with foreign reserves exceeding $20 billion, despite regional challenges affecting sectors such as tourism and public finance.
The new programme targets structural challenges in water and electricity, strengthens crisis response capacity, and supports private sector led growth, business environment improvements, and increased employment for youth and women.
The decision reflects the strategic partnership between Jordan and the IMF to enhance economic resilience and ensure sustainable medium term growth amid global uncertainties.