Kilambi News
Tuesday, November 3, 2026

IMF staff reach agreement with Jordan on program reviews

Rates Tuesday, November 3, 2026 - Updated Nov 3, 2026 14:15

The IMF and Jordan have reached a staff-level agreement on the sixth review of the country's Extended Fund Facility and the third review of its Resilience and Sustainability Facility arrangement, which would make about 294 million dollars available on board approval.

Why it matters: The agreement keeps Jordan's IMF anchor in place through a period of war spillovers on tourism, trade and energy costs, and confirms the program remains on track ahead of a 2027 budget targeting a primary deficit of 0.9 percent of GDP.

Data as of IMF Press Release No. 26/347 of November 3, 2026, read in full in this run; all figures are the Fund's own. The agreement is subject to approval by IMF management and the Executive Board. Developing item.

IMF staff and the Jordanian authorities have reached a staff-level agreement on the sixth review of Jordan’s Extended Fund Facility and the third review of its Resilience and Sustainability Facility arrangement, the Fund said on Tuesday. Completion of the two reviews, subject to approval by IMF management and the Executive Board, would make a total of SDR 216.548 million, about 294 million dollars, available: SDR 97.784 million, about 133 million dollars, under the EFF, and SDR 118.764 million, about 161 million dollars, under the RSF.

The Fund said all quantitative performance criteria and most structural benchmarks for the sixth review were met, and all three reform measures due for the third RSF review are on track. Real GDP growth reached 3 percent year on year in the first half of 2026, the central government comfortably met its primary deficit target for end-June despite a revenue shortfall of about 0.8 percent of GDP, and the draft 2027 budget aims for a primary deficit, excluding grants, of 0.9 percent of GDP, on a path the Fund says would reduce public debt to around 80 percent of GDP by 2028.

Sources

  1. Jordan: IMF Reaches Staff-Level Agreement on the Sixth Review under the Extended Fund Facility and the Third Review of the Resilience and Sustainability Facility Arrangement - International Monetary Fund - 2026-11-03