Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

IMF to conduct 3rd review of Jordan's economy in November

13-10-2019 03:26 AM


Ammon News - AMMONNEWS - The International Monetary Fund (IMF) is scheduled to conduct the third review of Jordan's economy in November, an official source said Sunday.

A Jordanian delegation will visit the United States next week to discuss Jordan's fiscal and monetary reforms under the existing program with the IMF, the source from Jordanian Financial Ministry told Xinhua on condition of anonymity.

Several meetings will be held with IMF officials during the visit over the latest developments, said the source.

In September, an IMF mission made a visit to Jordan to assess economic developments in the country.

In 2016, Jordan reached a 36-month deal with the IMF to embark on reforms to reduce public debt.

Under the deal, Jordan is expected to generate 520 million dinars (733.4 million U.S. dollars) in additional revenues, which seems a difficult task for the kingdom.

*Xinhua




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :