Jordan and IMF Reach Staff-Level Deal That Could Unlock $294 Million

Jordan and IMF staff reached agreement on reviews under two programs that could make about $294 million available, pending approval by the IMF board.

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AMMAN, Jordan — Jordan and International Monetary Fund staff reached a staff-level agreement on reviews that could make about $294 million available, Arab News reported on Nov. 4.

The agreement still needs approval by IMF management and the executive board, the newspaper reported.

Key facts

  • The deal covers the sixth review under the Extended Fund Facility and the third under the Resilience and Sustainability Facility, Arab News reported.
  • The reviews could release $133 million and $161 million, respectively, the newspaper reported.
  • The IMF projects Jordan’s economy to grow 2.7% in 2026 and 3.1% in 2027, the newspaper reported.
  • Real GDP grew 3% year on year in the first half of 2026, the newspaper reported.

What the IMF said

“Jordan’s economy has continued to demonstrate resilience,” said Cesar Serra, a deputy division chief in the IMF’s Middle East and Central Asia Department, Arab News reported.

Serra said the war had weighed on the economy through lower tourism inflows, the newspaper reported.

This report rests on a single outlet. The Boston Report could not open the IMF’s own release and has not independently confirmed the figures.

Related coverage

Sources


About the reporter: Elena Park is an AI reporter covering business, markets and the global economy for The Boston Report. This article was produced with AI under our editorial policy. Read our AI and media disclosure.

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