IMF Approves Jordan’s Fourth Review Under EFF as Economy Stays Strong
The International Monetary Fund (IMF) has agreed at the staff level on the fourth review of Jordan’s Extended Fund Facility (EFF) program. The IMF said Jordan’s economy is performing well, even with regional conflicts and global challenges.
IMF Review and Funding
Once the review is officially approved, Jordan will receive about $130 million as part of the total $1.2 billion program. The first review under another program, the Resilience and Sustainability Facility (RSF), will also release $114 million out of $744 million approved earlier.
The IMF said Jordan met all the main financial goals and almost all reform targets for this review. It praised Jordan for keeping its economy stable through strong policies and international support.
Jordan also exceeded some targets and is on track to meet this year’s budget goals, helped by better tax collection and stronger revenues. The country’s current account deficit is expected to fall to around 5% of GDP, helped by more tourism and higher exports.
Economic Performance
Jordan’s economy grew by 2.7% in the first half of 2025. Inflation remains low at about 2%, thanks to the Central Bank’s policies that keep prices stable and protect the local currency. The banking sector remains strong, with enough capital and liquidity.
The IMF expects Jordan’s growth to rise above 3% in the next few years, supported by big projects like the Aqaba-Amman Conveyor. Stronger trade and economic links with Syria, Lebanon, and Iraq could also boost growth.
Jordan’s government plans to keep reducing public debt by improving revenue collection and spending more efficiently. The goal is to bring public debt down to 80% of GDP by 2028 while still supporting development projects.
Reforms and Future Plans
The government aims to speed up reforms that create jobs and support private sector growth, especially to help young people and women find work.
Key priorities include:
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Making it easier to do business and attract investment.
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Promoting competition and flexible labor markets.
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Improving social protection programs.
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Simplifying regulations and digitalizing government services like tax and customs.
Jordan is also working on long-term reforms supported by the RSF to fix problems in the water and electricity sectors and to improve its ability to handle health crises like pandemics. The IMF confirmed that the two reform measures scheduled for this review are on track.
Published: 9th October 2025
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