IMF visits Jordan, gives $165 million in additional funding ...Kuwait

The New Arab - News

The IMF concluded a two-week working visit on Monday, praising Jordan's progress in making economic reforms and proposing US$165 million in additional funding in light of new economic pressures. The IMF and Jordan reached an agreement in March 2020 on a four-year loan program to the tune of almost US$1.3 billion, which has since been increased to about US$2 billion. Ali Abbas, who led the IMF mission to Jordan, praised Jordan's "sound economic policies" since the COVID-19 pandemic and legislation aimed at increasing the country's tax base. "Going forward, it will be critical to maintain reform momentum, notably, through … strengthening governance of fiscal incentives

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Last updated : 25 May 2022 clock 05:05 PM

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IMF visits Jordan, gives $165 million in additional funding ...Kuwait

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