The IMF Executive Board concluded the fourth review under Jordan’s Extended Fund Facility (EFF) and the first review of the Resilience and Sustainability Facility (RSF), paving the way for an immediate release of about $130 million under the EFF and a further $110 million under the RSF.
This brings total disbursements under the EFF to roughly $733 million since the programme was approved on January 10, 2024. Jordan’s four-year EFF programme amounts to about $1.3 billion, equivalent to 270% of the country’s IMF quota.
The RSF, approved on June 25, 2025, provides an additional $700 million to help address longer-term structural and climate-related vulnerabilities.
The IMF said Jordan’s economy remains resilient despite persistent regional and global pressures. Economic growth accelerated to 2.7% in the first half of 2025 and is expected to reach around 3% in the coming years, supported by major investment projects, deeper regional integration and ongoing structural reforms. Inflation remains stable at about 2%, while the current account deficit is projected to narrow to below 5% of gross domestic product (GDP) over the medium term.
Fiscal performance has stayed in line with programme targets, underpinned by strong revenue collection and spending discipline. The authorities have committed to reducing public debt to 80% of GDP by 2028 through gradual fiscal consolidation, while protecting social and development spending and cutting losses at public utilities.
The IMF also noted progress on structural reforms aimed at boosting investment, improving competition, increasing labour market flexibility and strengthening social protection systems. Digitalisation of government services is also advancing.
Under the RSF, Jordan has completed reform measures focused on addressing vulnerabilities in the water and electricity sectors and improving preparedness for health emergencies.
IMF Deputy Managing Director Kenji Okamura said Jordan’s macroeconomic stability reflects consistent policy implementation and strong international support. He stressed that continued reform momentum and sustained donor backing remain essential, particularly as the country manages regional uncertainty and the cost of hosting large numbers of refugees.
–IMF/ChannelAfrica–
