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اقرأ بالعربية
اقرأ بالعربية

Jordan secures $700 million funding from IMF

Published :  
26-06-2025 02:12|
Last Updated :  
26-06-2025 02:39|

The International Monetary Fund (IMF) successfully completed its third review of Jordan's Extended Fund Facility (EFF) Arrangement, concurrently approving a new $700 million arrangement under the Resilience and Sustainability Facility (RSF).

The newly approved RSF arrangement, totaling around US$700 million, is specifically designed to address Jordan's long-term vulnerabilities in the vital water and electricity sectors.

The EFF arrangement provides Jordan with immediate access to approximately $134 million.

Jordan’s economy has shown growth in 2024 and early 2025 exceeding initial projections.

The country maintains stable and low inflation rates, a robust financial sector, and increasing international reserves.

“Jordan’s economic program supported by the EFF arrangement remains firmly on track, demonstrating the authorities’ strong commitment to sound macro-economic policies and structural reforms to strengthen Jordan’s resilience and accelerate growth to enhance job creation and provide opportunities for all Jordanians,” the IMF said in the statement.