IMF Approves $834 Million in Support for Jordan Through Two Programs

BY THE ARAB TODAY Jun 26, 2025

IMF Approves $834 Million in Support for Jordan Through Two Programs

IMF Approves $834 Million in Support for Jordan Through Two Programs

The International Monetary Fund (IMF) has agreed to give Jordan a total of $834 million through two of its funding programs. This money will help support Jordan’s plans to improve its economy and promote development.

IMF Loan to Jordan

The International Monetary Fund (IMF) announced on Wednesday that it has completed its third review of Jordan’s economic reform program. Because of this, Jordan will now receive $134 million in financial support.

The IMF also approved a new 30-month loan plan under the Resilience and Sustainability Facility (RSF), giving Jordan access to around $700 million. This money will help Jordan deal with long-term problems in its water and electricity systems and improve its ability to respond to public health emergencies.

According to the IMF, this new RSF plan will also help Jordan’s economy become stronger and more stable in the long run.

The IMF noted that Jordan’s economy grew by 2.5% in 2024 and continued to grow more than expected in early 2025. Economic growth is likely to improve further, supported by good government policies and quick reforms.

Jordan’s financial position with the rest of the world is stable. Its current account deficit (the difference between imports and exports) is expected to stay around 6% of its GDP. By the end of 2024, Jordan’s central bank had over $20 billion in reserves, which is more than enough according to IMF standards.

Key Statement

IMF’s deputy managing director Kenji Okamura said:
“Growth in 2024 and 2025 has been better than expected. Inflation is low, and Jordan’s financial reserves are strong. In a risky regional environment, it’s important for Jordan to continue with good financial and economic policies.”

He also said Jordan should keep improving how it collects and spends money, and be ready to take extra steps if needed to reduce public debt, while still spending on key social services and development projects.

About the EFF Program

Jordan’s current four-year Extended Fund Facility (EFF) program, worth about $1.3 billion, started in January 2024. With the new $134 million payment, Jordan has now received a total of $595 million from this program.

Published: 26th June 2025

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