PM underscores partnership with IMF

shahennews

Minister of Finance, Minister of Planning and International Cooperation, and Central Bank of Jordan Governor have briefed the Cabinet on their recent visit to the United States, during which they met with the US Secretary of Treasury, chairman of the US Federal Reserve, officials in the Congress, and managing director of the International Monetary Fund (IMF).

At a Cabinet meeting on Wednesday, Prime Minister Bishr Khasawneh emphasized Jordan’s achievements through the IMF’s Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, which helped improve the Kingdom’s financial and monetary stability and prevent inflationary pressures that other oil-importing economies have faced and progressed Jordan in its ratings with international credit rating agencies.

Khasawneh has advised that Jordan should maintain cooperation with the IMF under the program developed by the relevant ministries and institutions, which will end in March 2024.

He further directed to negotiate a new IMF-funded national program for economic reform, which aims to strengthen the national economy, meet financing requirements, and promote growth.

//Petra// AO