IMF Office in Jordan

Resident Representative for Jordan

Yahia Khairi Said

Resident Representative

Office Information

P.O. Box 35296 Amman 11180, Jordan

Email: ysaid@imf.org
Fax: (962) 6-5861572

Yahia Khairi Said, Resident Representative: Yahia Said is currently serving as the Resident Representative for Jordan, previously he worked as a Senior Economist at the IMF Strategy Policy and Review department, specializing on issue of sovereign debt and the external sector. Over ten years of Fund service Mr. Said worked on a number of countries in the Middle East, Africa and Central Asia in program and surveillance contexts. Prior to joining the Fund Yahia worked at the World Bank, the London School of Economics and Ernst and Young.
Rayah Al-Farah, Economist: Rayah Al-Farah is an Economist at the Resident Representative Office of the IMF in Jordan. Prior to joining the team in Amman, she worked in the Middle East and Central Asia department of the IMF in Washington DC, covering the Caucasus and Turkmenistan. She has co-authored multiple IMF papers and has worked on a variety of research projects on inclusive growth, financial inclusion, social spending, private sector development, and macroprudential policies. Rayah holds a B.A. in Economics from Wellesley College, and a Master’s in Global Human Development from Georgetown University.
Leen Aghabi, Economist: Leen Aghabi is an Economist at the Resident Representative Office of the IMF in Jordan. Prior, she worked at the World Bank Group (WBG) where her portfolio of advisory projects focused on providing private sector solutions that lay the foundation for sustainable economic growth in the Middle East, Central Asia and Africa. Before joining the WBG, Leen served at the Royal Hashemite Court. She was also a Research Fellow at the West Asia-North Africa (WANA) Institute. Leen holds a Master’s in International Relations, with Merit, from the London School of Economics.
Sana Almunizel, Senior Admin. Assistant: Sana Al-Munizel has been working at the Fund since 2020. Before joining the Jordan Resident Representative Office, she was working at the Resident Representative Office for Iraq and Yemen. Prior to joining the Fund, Sana was a Security Intern with the United Nations Department for Safety and Security where she was in charge of the daily/weekly security reports to UNSMS in Jordan. Sana holds a Higher Diploma in Conflict Resolutions, a Master’s in Diplomatic Studies and is currently pursuing her Ph.D. In Political Science and Governmental Studies at the University of Jordan.

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This web page presents information about the work of the IMF in Jordan, including the activities of the IMF Resident Representative Office. Additional information can be found on the Jordan and IMF, including IMF reports and Executive Board documents that deal with Jordan.

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At Glance
Office Activities

Jordan and the IMF
Regional Economic Outlook

At Glance

Jordan joined the Fund in August 29, 1952

Quota (SDR): 343.1 million

Office Activities

IMF Resident Representative Kareem Ismail gives an interview to Al Mamlaka on Jordan’s economic outlook and policy priorities under the Fund supported program.

April 11, 2023
IMF Resident Representative Kareem Ismail gives a presentation to the UN Retreat for Resident Coordinators for Arab States on the Middle East and North Africa Economic Outlook and policy priorities for the region

February 20, 2023
IMF Resident Representative Kareem Ismail gives a presentation at the Association of Banks to a summit of leaders of the Jordanian banking system on the Regional Economic Outlook with a focus on the Jordanian context

February 18, 2023
IMF Resident Representative Kareem Ismail speaks to the Jordan Times on the economic and distributional challenges from climate change in Jordan

September 6, 2022
Presentation to Civil Society Organizations (CSOs) on Female Employment and Labor Force Participation in Jordan

Presentation by Rayah Al-Farah, Economist at IMF Resident Representative Office in Jordan, during a workshop with CSOs as part of the engagement process during the 4th review and Article IV consultation in-person mission. Despite relatively high education levels, female participation rate are low and unemployment high. Structural variables as well as regulations help explain the gap in participation rates between men and women in Jordan.

May 23, 2022

Jordan and the IMF

Jordan: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; and Staff Report

June 30, 2023

Series:Country Report No. 2023/240
IMF Executive Board Completes the Sixth Review Under the Extended Fund Facility with Jordan

June 29, 2023

Jordan’s four-year extended arrangement, amounting to SDR 926.37 million (about US$1,235 million, equivalent to 270 percent of Jordan’s quota in the IMF), was approved by the IMF’s Board on March 25, 2020 and augmented on June 30, 2021, to SDR 1070.47 million (about $1,430 million, equivalent to 312 percent of Jordan’s quota in the IMF). On June 30, 2022, the arrangement was once again augmented, to SDR 1,145.954 million (about $1,530 million, equivalent to 334 percent of Jordan’s quota in the IMF) (see Press Release No. 22/245).
IMF Staff Reach Staff-Level Agreement with Jordan on the Sixth Review Under the Extended Fund Facility

May 17, 2023

“We are pleased to announce that the IMF team and the Jordanian authorities reached a staff-level agreement on the sixth review of the authorities’ economic reform program supported by the EFF arrangement. The completion of this review will bring the total IMF disbursements since the start of the program in 2020 to SDR 1300 million (around US$1750 million). This agreement is subject to approval by the IMF’s management and the Executive Board.
Jordan: Financial Sector Assessment Program-Financial System Stability Assessment

April 21, 2023

Series:Country Report No. 2023/140
Jordan — Financial Sector Assessment Program and Financial System Stability Assessment

April 20, 2023

Jordan’s financial sector, dominated by banks, has withstood several large external shocks (Global Financial Crisis, Arab Spring, war in Syria and influx of refugees, and COVID-19) since the latest FSAP that was conducted in 2008-09 in part thanks to measures implemented by the authorities to enhance the system’s resilience and oversight. At the current juncture, global growth headwinds, high energy and food prices, and higher interest rates are putting pressure on corporate and household sector balance sheets.

Regional Economic Outlook

October 1, 2023

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