The International Monetary Fund published an end-of-mission statement announcing a staff-level agreement with the Jordanian authorities on the fifth review under Jordan’s Extended Fund Facility (EFF) arrangement and the second review under its Resilience and Sustainability Facility (RSF) arrangement. Subject to IMF management and Executive Board approval, completion of the reviews would make available SDR 97.784 million (about USD 140 million) under the EFF and SDR 39.588 million (about USD 57 million) under the RSF. IMF staff reported that all quantitative performance criteria for the fifth EFF review were comfortably met and structural benchmarks were on track, while the RSF reform measure due for the second review was implemented on time. The statement highlighted spillovers to Jordan from the war in the Middle East via higher energy prices and weaker tourism, and projected 2026 growth of 2.7% with inflation rising to about 2.3% and the current account deficit widening to 6.9% of GDP under an assumption that disruptions gradually normalize by mid-2026. It also described measures to safeguard energy security, facilitate supply chains, ensure adequate liquidity, and provide targeted support, alongside plans for gradual fiscal consolidation to reduce public debt to 80% of GDP by 2028 and ongoing structural reforms; RSF-related work includes reforms in the water and electricity sectors and health-shock preparedness, and the Central Bank of Jordan (CBJ) has issued secondary regulations on climate disclosures aligned with the Basel Committee on Banking Supervision’s 2022 guidelines and the International Sustainability Standards Board. IMF staff will prepare a report for management approval and subsequent Executive Board discussion and decision on completion of the reviews.
International Monetary Fund 2026-04-15
International Monetary Fund reaches staff-level agreement with Jordan on fifth Extended Fund Facility review and second Resilience and Sustainability Facility review
The IMF reached a staff-level agreement with Jordan on the fifth review of its Extended Fund Facility and the second review of its Resilience and Sustainability Facility, which, pending management and Executive Board approval, would provide SDR 97.784 million (about USD 140 million) under the EFF and SDR 39.588 million (about USD 57 million) under the RSF. All quantitative performance criteria for the fifth EFF review were met, structural benchmarks are on track, and the RSF reform measure for the second review was implemented on time. Jordan continues gradual fiscal consolidation and structural reforms amid regional spillovers, including RSF-related reforms in water, electricity and health-shock preparedness. The Central Bank of Jordan has also issued secondary regulations on climate disclosures aligned with Basel Committee and International Sustainability Standards Board guidance.