{
  "title": "Jordan: 2020 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility — Press Releases; Staff Report; and Statement by the Alternate Executive Director for Jordan",
  "publication": "IMF Staff Country Reports, April 16, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2020/04/10/jordan-2020-article-iv-consultation-and-request-for-an-extended-arrangement-under-the-49324",
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  "summary": "This paper presents Jordan’s 2020 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility (ECF).",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Presents Jordan’s 2020 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility (ECF).\n- The IMF-supported economic reform program is anchored on structural reforms to spur growth by creating jobs—especially for women and young people—and reduce poverty.\n- Publication date: April 16, 2020."
    },
    {
      "heading": "Main findings and macroeconomic assessment",
      "content": "- The Jordanian economy has continued facing significant challenges.\n- Macroeconomic stability and external buffers have been preserved, but fiscal vulnerabilities remain.\n- Structural reforms and continued fiscal consolidation efforts are critical to:\n  - lift growth,\n  - reduce unemployment,\n  - bring debt on a downward path.\n- Continued support from donors, particularly through concessional loans and budget grants, will be critical to help Jordan cope with humanitarian and economic needs."
    },
    {
      "heading": "Risks, shocks, and program implications",
      "content": "- The coronavirus disease 2019 (COVID-19) outbreak poses significant risks to program implementation.\n- Authorities have implemented measures to help contain the impact of the pandemic; however, adjustments to the program modalities might be necessary considering the rapidly changing circumstances.\n- Donor support through budget grants and concessional financing will be critical to help Jordan cope with:\n  - the effects of the COVID-19 outbreak,\n  - the Syrian refugee crisis,\n  - and to support program objectives."
    },
    {
      "heading": "Policy recommendations and priorities",
      "content": "- Pursue structural reforms aimed at job creation, with a focus on women and young people.\n- Continue fiscal consolidation efforts to reduce fiscal vulnerabilities and place debt on a downward trajectory.\n- Secure and maintain donor concessional loans and budget grants to address humanitarian and economic needs and to support program aims.\n- Remain flexible in program modalities to adjust for COVID-19-related developments."
    },
    {
      "heading": "Publication and document identifiers",
      "content": "- Pages: 123\n- Volume: 2020\n- Issue: 101\n- Series: Country Report No. 2020/101\n- DOI: https://doi.org/10.5089/9781513540306.002\n- Stock No: 1JOREA2020001\n- ISBN: 9781513540306\n- ISSN: 1934-7685\n- Citation format example included on the page: International Monetary Fund. Middle East and Central Asia Dept. \"Jordan: 2020 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility-Press Releases; Staff Report; and Statement by the Alternate Executive Director for Jordan\", IMF Staff Country Reports 2020, 101 (2020), accessed 9/7/2026, https://doi.org/10.5089/9781513540306.002\n\nInternational Monetary Fund. Jordan: 2020 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility — Press Releases; Staff Report; and Statement by the Alternate Executive Director for Jordan (April 16, 2020).\n\n---\n\n Content in this bundle\n\n- 1jorea2020001\n  - 1jorea2020001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1jorea2020001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: April 16, 2020",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513540306.002",
    "Presents Jordan’s 2020 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility (ECF).",
    "The IMF-supported economic reform program is anchored on structural reforms to spur growth by creating jobs—especially for women and young people—and reduce poverty.",
    "Publication date: April 16, 2020.",
    "The Jordanian economy has continued facing significant challenges.",
    "Macroeconomic stability and external buffers have been preserved, but fiscal vulnerabilities remain.",
    "Structural reforms and continued fiscal consolidation efforts are critical to:",
    "Continued support from donors, particularly through concessional loans and budget grants, will be critical to help Jordan cope with humanitarian and economic needs.",
    "The coronavirus disease 2019 (COVID-19) outbreak poses significant risks to program implementation.",
    "Authorities have implemented measures to help contain the impact of the pandemic; however, adjustments to the program modalities might be necessary considering the rapidly changing circumstances.",
    "Donor support through budget grants and concessional financing will be critical to help Jordan cope with:",
    "Pursue structural reforms aimed at job creation, with a focus on women and young people.",
    "Continue fiscal consolidation efforts to reduce fiscal vulnerabilities and place debt on a downward trajectory.",
    "Secure and maintain donor concessional loans and budget grants to address humanitarian and economic needs and to support program aims.",
    "Remain flexible in program modalities to adjust for COVID-19-related developments.",
    "Pages: 123",
    "Volume: 2020",
    "Issue: 101",
    "Series: Country Report No. 2020/101",
    "DOI: https://doi.org/10.5089/9781513540306.002",
    "Stock No: 1JOREA2020001",
    "ISBN: 9781513540306",
    "ISSN: 1934-7685",
    "Citation format example included on the page: International Monetary Fund. Middle East and Central Asia Dept. \"Jordan: 2020 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility-Press Releases; Staff Report; and Statement by the Alternate Executive Director for Jordan\", IMF Staff Country Reports 2020, 101 (2020), accessed 9/7/2026, https://doi.org/10.5089/9781513540306.002",
    "**1jorea2020001**"
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