Jordan Says Talks With IMF Dispute Free

Jordan Says Talks With IMF Dispute Free

AMMAN, Oct 6 (NNN-PETRA) – Jordan said, it had no dispute with the International Monetary Fund (IMF), about the financial reform programme implemented in the country.

The IMF mission, which concluded a visit to Jordan last week, held meetings with various ministries to discuss strategies and plans, that are part of the 700-million-U.S.-dollar Extended Fund Facility (EFF), signed between the two sides, the Finance Ministry said.

The visit included meetings and discussions with the new IMF mission chief to Jordan, on financial and economic indicators and procedures related to the reform programme, said the statement.

Talks also covered procedures aiming at boosting economic growth and the increasing public debt and efforts to curb it, the ministry added.

The ministry said, the third review of the programme is scheduled to take place in Nov.

In Aug, 2016, the IMF Executive Board approved a three-year extended arrangement with Jordan, under the EFF, to support Jordan’s economic and financial reform programme.– NNN-PETRA

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