THU 21 - 6 - 2018
 
Date: Jun 8, 2018
Source: The Daily Star
IMF to work with new Jordan government to release more funds
Reuters
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? Try Another.
 
Related News
Jordan PM caught between angry public, international lenders
Jordan pins high hopes on Gulf aid package
Jordan PM-designate says will drop tax bill
Jordan to push IMF for more time on implementing reforms after protests: officials
Amman market feels pinch as locals protest
Related Articles
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
Jordan’s bet on nuclear power is risky
Jordan’s strength is also its weakness
Editor In Chief & Webmaster : Nazih Darwish
Copyright 2018 . All rights reserved