IMF mission to visit Jordan in September

A delegation from the International Monetary Fund (IMF) will visit Jordan on September 4 to review the performance of the national economy as a preparatory step to release the third installment of an IMF loan to Jordan, according to a Ministry of Finance statement. The statement said that a Jordanian team comprising Minister of Finance Umayyah Toukan, Central Bank of Jordan Governor Ziyad Fariz and Secretary General of the Finance Ministry Omar Zu’bi met with officials of the IMF in Washington to review a program agreed upon earlier with the bank in the light of government’s measures to amend electricity tariffs. “If the mission finds that Jordan had met the criteria set by the Fund, then the Kingdom would be able to draw the third installment of the IMF’s loan,” the statement added.