Ammon News - The International Monetary Fund mission began conducting its fifth review in Amman last Thursday via videoconference.

According to an unnamed source cited by Al Mamlaka TV, the IMF mission held several meetings with the government’s economic team, during which they discussed economic, financial, and monetary conditions as part of the fifth review under the Extended Fund Facility (EFF) arrangement, as well as the second review under the Resilience and Sustainability Facility (RSF) with Jordan.

The fifth review is expected to be completed on the sidelines of the IMF and World Bank Spring Meetings, during the presence of the government’s economic team in Washington, the source added.

These reviews follow the IMF Executive Board’s approval in December of the fourth review under the Extended Fund Facility and the first review under the Resilience and Sustainability Facility for Jordan.

The successful completion of the fifth review under Jordan’s IMF-supported program is expected to unlock a new disbursement of 97.784 million Special Drawing Rights (approximately $130 million).

In addition, the successful completion of the second review under the Resilience and Sustainability Facility is expected to provide around $110 million in support of the country’s economic program.