Jordan: 2022 Article IV Consultation and Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Augmentation and Rephasing of Access, and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Jordan

IMF Staff Country Reports, July 18, 2022

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Canonical URL: Jordan: 2022 Article IV Consultation and Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Augmentation and Rephasing of Access, and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Jordan

Jordan's EFF program remains firmly on track.
Authorities have maintained macroeconomic stability and market access.
The authorities have protected the most vulnerable and implemented key structural reforms, especially in the area of public finances.
The IMF is committed to supporting Jordan, including by augmenting access under the EFF to help address higher financing needs arising from higher international commodity prices and tightened global financial conditions.
Donor support is critical to enable Jordan to cope with global economic headwinds while hosting 1.3 million Syrian refugees.

The IMF will consider augmenting access under the Extended Fund Facility (EFF) to help meet higher financing needs caused by higher international commodity prices and tightened global financial conditions.
Market access has been maintained under the program.

Key structural reforms have been implemented, with particular emphasis on public finances and revenue administration.
The authorities have taken measures to protect vulnerable populations while pursuing fiscal consolidation and structural change.

Augment EFF access to address elevated financing needs linked to international commodity price shocks and tighter global financial conditions.
Mobilize donor support to bolster Jordan’s capacity to manage external shocks and the fiscal and social pressures associated with hosting refugees.
Continue implementing public finance reforms and measures to protect vulnerable groups.

Subject: External debt, Fiscal policy, International organization, Monetary policy, Public debt, Revenue administration
Keywords: Arrears, customs authorities, Fiscal stance, Global, JD deposit, Jordanian dinar, labor participation rates, staff appraisal