Jordan: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Modification of Performance Criteria, and First Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Jordan

International Monetary Fund

No 2025/338, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents Jordan’s Fourth Review under the Extended Arrangement under the Extended Fund Facility (EFF), Request for Modification of Performance Criteria, and First Review under the Resilience and Sustainability Facility (RSF) Arrangement. Jordan’s economy remains resilient, supported by sound macroeconomic policies and strong international backing. Economic growth accelerated to 2.7 percent in the first half of 2025, while inflation remains anchored around 2 percent, reflecting the Central Bank of Jordan’s successful efforts to safeguard monetary stability and maintain the peg to the US dollar, despite considerable external headwinds including regional conflicts. Jordan’s economic program supported by the EFF arrangement remains firmly on track, as the authorities continue to pursue sound macro-economic policies and structural reforms to strengthen resilience and boost private sector-led growth and job creation. The authorities have also implemented the two reform measures due for the first RSF review, bolstering Jordan’s economic outlook and prospective balance of payments stability.

Keywords: labor market; Economic Modernization Vision; financing needs; Eff arrangement; Department of Statistics; Rsf reform measures; Medium-Term Revenue Strategy; economic activity; IMF staff; central bank; Global (search for similar items in EconPapers)
Pages: 111
Date: 2025-12-17
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