IMF okays 2nd installment of Jordan loan| MENAFN.COM

Thursday, 18 August 2022 05:26 GMT

IMF okays 2nd installment of Jordan loan


(MENAFN- Khaleej Times) The International Monetary Fund has approved to provide Jordan with $385 million, which is the second installment of a stand-by credit line to the country, to help finance national projects. The Jordan News Agency quoted Jordanian Minister of Finance Umayya Toukan as saying that the approval is a recognition that Jordan's economic reform programme is on the right track after being exposed to risks that could have harmed growth prospects and social stability. The minister made the announcement following a meeting with IMF officials.


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