AMMAN, Sept 9 (NNN-PETRA) – A delegation from the International Monetary Fund (IMF) will visit Jordan, after mid-Sept, to discuss the third review of Jordan’s economy, an official source said.
The delegation will conduct a review under the Extended Fund Facility programme, which will end in Mar, 2020, according to the official source.
The IMF members will discuss the performance of the general finance situation, and the growth rate of the country’s economy. They will also discuss issues of energy and electricity strategies.
In 2016, Jordan reached a 36-month deal with the IMF, to embark on reforms, to reduce public debt and conduct several fiscal reforms.
Under the deal, Jordan is expected to generate 520 million dinars (around 730 million U.S. dollars) in additional revenues, which seems to be a difficult task.– NNN-PETRA
