IMF okays Extended Fund Facility for Jordan

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Home Business IMF okays Extended Fund Facility for Jordan 24-08-2016 02:37 PM Ammon News - AMMONNEWS - The International Monetary Fund said on Wednesday its executive board approved a three-year loan program for Jordan worth about $723 million to support the country's economic and financial reform efforts. The IMF said the three-year Extended Fund Facility aims to advance Jordan's public debt reduction and its structural reforms to enhance the conditions for more inclusive growth. The program will make available immediately about $72.3 million, with the remainder phased in over the program, subject to six reviews, the Fund said.

Home Business

IMF okays Extended Fund Facility for Jordan

24-08-2016 02:37 PM

Ammon News - AMMONNEWS - The International Monetary Fund said on Wednesday its executive board approved a three-year loan program for Jordan worth about $723 million to support the country's economic and financial reform efforts.
The IMF said the three-year Extended Fund Facility aims to advance Jordan's public debt reduction and its structural reforms to enhance the conditions for more inclusive growth. The program will make available immediately about $72.3 million, with the remainder phased in over the program, subject to six reviews, the Fund said.

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