SUN 21 - 10 - 2018
Jun 8, 2018
The Daily Star
IMF to work with new Jordan government to release more funds
WASHINGTON: The International Monetary Fund will work with Jordan's new government to complete a review of the debt-burdened country's IMF loan program as soon as possible to release another $70 million to Jordan, an IMF spokesman said on Thursday.
The spokesman, Gerry Rice, told a regular news briefing that the IMF welcomed a call from Jordan's King Abdullah for a "national dialogue" over tax legislation that has sparked the protests that have brought down the country's government.
He did not comment on a Reuters report that Jordan was seeking to slow down fiscal reforms that are a key part of fiscal consolidation plans pushed by the IMF to reduce Jordan’s large public debt.
Rice also called on the international donor community to take a stronger role in supporting Jordan as it struggles with fiscal strains caused by taking over 1 million Syrian refugees and higher security costs.
Readers Comments (0)
Add your comment
Enter the security code below
Can't read this?
Jordan and Syria reopen Nassib border crossing
Jordan’s king vows to fight corruption after protests
Jordan court charges 5 with 'terrorism' after deadly raid
Militants in police attack supported Daesh: Jordan official
Jordan detains five suspects after deadly clash
Jordan’s interest in seeing a stable Syria
Razzaz faces rough road ahead in Jordan
Can Mulki keep slowing Jordan’s slide into debt without foreign aid?
Challenges in reforming Jordan’s labor market
Jordan’s quest for decentralization: a work in progress
Copyright 2018 . All rights reserved