Imf Jordan Eff
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Jordans four-year EFF of SDR 92637 million about US13 billion equivalent to 270 percent of Jordans quota in the IMF was approved by the IMFs Board on March 25 2020 see Press Release No. Jordan has agreed a new 13bn programme with the International Monetary Fund IMF and will receive a first instalment of 140m by the end of March the state news agency Petra said on Thursday.
The staff-level agreement for the four-year EFF includes nine tranches ranging each from 140-150 million.
Imf jordan eff. Washington DC The Executive Board of the International Monetary Fund IMF today approved a 48-month arrangement under the Extended Fund Facility EFF with Jordan for an amount equivalent to SDR 92637 million about US 13 billion or 270 percent of Jordans quota to support the countrys economic and financial reform program. Jordans four-year EFF of Special Drawing Rights SDR 92637 million about US13 billion equivalent to 270 percent of Jordans quota in the IMF was approved by the IMFs Board on March 25 2020. Completion of the review released Fund financing in the amount of around US148 million bringing total IMF disbursements to Jordan in 2020 to US689 million.
Jordans four-year EFF of SDR 92637 million about US13 billion equivalent to 270 percent of Jordans quota in the IMF was approved by the IMFs Board on March 25 2020 see Press Release No. An International Monetary Fund IMF team led by S. Jordans four-year EFF of SDR 92637 million about 13 billion equivalent to 270 per cent of Jordans quota in the IMF was approved by the IMFs Board on March 25 2020.
AMMAN Jordan on Tuesday signed a letter of intent with the International Monetary Fund IMF for a 700 million Extended Fund Facility EFF programme Minister of Finance Omar Malhas said Tuesday. On August 24 2016 the Executive Board of the International Monetary Fund IMF approved a three-year extended arrangement under the Extended Fund Facility EFF for Jordan for an amount equivalent to SDR 51465 million about US723 million or 150 percent of Jordans quota to support the countrys economic and financial reform program. An International Monetary Fund IMF team is proposing to bring forward into 2021 a part of IMF credit that was expected to be disbursed to Jordan in the outer years of the 13 billion four-year.
Become a member for free. With the release of the latest tranche of 146 million IMFs total disbursements to Jordan has reached 687m. Ali Abbas concluded virtual discussions with the Jordanian authorities and reached a staff-level agreement on the first review of the authorities economic reform program supported by the Extended Fund Facility EFF arrangement.
Jordans four-year EFF of SDR 92637 million about US13 billion equivalent to 270 percent of Jordans quota in the IMF was approved by the IMFs Board on March 25 2020 see Press Release No. Jordan and the IMF in February of 2020 reached a 13 billion agreement aimed at increasing growth stimulating job creation strengthening external and fiscal stability increasing transparency and improving public spending. In a conversation with IMF Country Focus Jordans Minister of Finance Mohamad Al-Ississ digs deeper into the economic impact of COVID-19 on his country policies theyve pursued to limit the fallout and protect the vulnerable and how rapid IMF financing has softened the blow of the pandemic and allowed the government to invest in critical areas during the crisis.
On December 14 2020 the IMF Executive Board completed the 1st Review under Jordans Extended Fund Facility Arrangement EFF. This includes provision of US400 million of emergency financing in May under the Rapid Financing Instrument. JORDAN IMF Country Report No.
The IMF had entered into a three-year EFF agreement with Jordan in 2017 which was extended in March 2020 when the lender approved a four-year 13 billion fund facility. The IMF mission to the Kingdom led by Martin Cerisola was in Amman from January 27 to February 7 during which it discussed the countrys recent economic developments as well as the governments.
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