Jordan could gain access to about $294 million in International Monetary Fund financing after staff and Jordanian authorities reached a deal on two program reviews, subject to approval by IMF management and the Executive Board.
The discussions in Amman ran from Oct. 21 to Nov. 3. They covered the sixth review of Jordan’s four-year Extended Fund Facility (EFF) program and the third review of its Resilience and Sustainability Facility (RSF) program. The EFF arrangement was approved in January 2024, and the RSF arrangement in June 2025, according to the IMF.
Together, the amounts tied to the reviews total SDR 216.548 million. Of that, SDR 97.784 million (about $133 million) relates to the EFF, whose full program totals SDR 926.370 million (about $1.2 billion). The RSF review accounts for SDR 118.764 million (about $161 million) from a program totaling SDR 514.650 million (about $700 million).
The IMF assessment found that Jordan met every quantitative performance criterion and most structural benchmarks for the EFF review. It said all three measures due under the RSF review were on schedule for completion.
Jordan’s real GDP grew 3% year over year in the first half of 2026, the IMF reported. The Fund said regional conflict weighed on tourism and foreign direct investment, raised trade and transport costs, and increased energy-price volatility. Manufacturing, logistics activity around Aqaba Port, agriculture, remittances and regional tourism supported economic activity.
The IMF also reported that Jordan’s draft 2027 budget sets the central government’s primary deficit at 0.9% of GDP when grants are excluded. The authorities aim to lower public debt to about 80% of GDP by 2028 while safeguarding priority social and development spending. The Fund said reforms to increase competition, make labor markets more flexible and encourage businesses to operate formally are intended to support job-rich growth.
Jordan will have access to the review-related financing only if IMF management and the Executive Board approve both reviews.
