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  • 09-02-19

    Jordanian IMF economic assessment wraps up 2nd phase

    (MENAFN) Jordan's second assessment of its economy by the International Monetary Fund (IMF) was wrapped up within a USD700 million loan deal agreed in 2016.

    The IMF told Xinhua that it addressed Jordanian economic growth from January 27 until February 7 during a visit, along with the Kingdom's economic reform plans.

    According to its statement, the IMF confirmed that "since the completion of the first review of the EFF, Jordan has continued to implement policies and reforms to preserve macroeconomic stability and enhance the conditions for higher and more inclusive growth."

    It further added that difficulties in opening job opportunities have been witnessed in Jordan due to its slow economic growth and investment, with the unemployment rate hitting 18 percent.

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