The International Monetary Fund (IMF) reached a staff-level agreement with the Jordanian government on two reviews to support economic reform, enabling the Kingdom to access approximately USD 200 million.
The development comes after an IMF staff team conducted discussions with the Jordanian authorities from 2 to 14 April, while performing the fifth review of the economic reform programme supported by the Extended Fund Facility (EFF), which was approved by the global monetary authorities’ Executive Board on 10 January 2024. The mission also conducted the second review of reform measures under the Resilience and Sustainability Facility (RSF) arrangement approved on 25 June 2025.
“The completion of the EFF review will make approximately USD 140 million available out of a total approved programme value of USD 1.2 billion. Meanwhile, the completion of the RSF review will provide around USD 57 million out of a total of approximately USD 744 million,” the IMF said.
According to the global body, the Jordanian economy has continued to show resilience, supported by the government’s commitment to prudent macroeconomic policies. Real GDP growth reached 2.8% in 2025, with growth momentum strengthening in early 2026.
IMF mission chief Cesar Serra also noted the Jordanian government’s commitment to reducing public debt to 80% of GDP by 2028 through revenue enhancement and spending efficiency.
“Real GDP growth reached 2.8% in 2025, with momentum strengthening in early 2026, supported by the government’s commitment to prudent macroeconomic policies and strong international backing,” the mission chief noted. He highlighted the Central Bank of Jordan’s success in keeping inflation below 2%, attributing this to its consistent focus on monetary stability and the country’s strong foreign exchange reserves.
Noting the robust banking sector (with comfortable levels of liquidity and capital), Serra also underlined the measures the government took to mitigate the economic impact of the Middle East conflict, including rising energy costs and disruption to tourism.
In fact, the Central Bank of Jordan (CBJ) has already launched precautionary measures worth JD760 million to protect the national economy amid the prevalent volatile geopolitics. Areas like tourism, food security and banking liquidity have been targeted. From CBJ’s part, some JD700 million have been put into the money market by reducing the mandatory reserve ratio on current and demand deposits by two percentage points, bringing it to 5% for commercial banks and 4% for Islamic banks.
This step will provide banks with additional lending liquidity estimated at JD300 million. Amid other precautionary steps, CBJ has reduced the balance of certificates of deposit issued since the Iran war’s beginning, apart from injecting an additional JD400 million in lendable liquidity into the market.