IMF chief praises Jordan’s economy, calling it a ‘success story’

IMF chief praises Jordan’s economy, calling it a ‘success story’
IMF chief Ron Van Roden discussed Jordan’s economic progress with Prime Minister Bishr Khasawneh on Monday. (PETRA)
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Updated 16 May 2023
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IMF chief praises Jordan’s economy, calling it a ‘success story’

IMF chief praises Jordan’s economy, calling it a ‘success story’
  • IMF chief Van Roden praises Jordan for what he calls a successfully run economy

AMMAN: The head of the International Monetary Fund (IMF) mission in Jordan, Ron Van Roden described Jordan’s economy as a “success story” after the country maintained its financial and monetary stability despite battling global economic challenges state news agency PETRA reported.

Prime Minster of Jordan Bishr Khasawneh discussed Van Roden, who arrived on Monday, the economic goals that the kingdom was seeking to achieve with the help of the IMF

In his current visit to the kingdom, Van Roden will oversee the sixth revision of the Extended Fund Facility (EFF) program, a report which assesses economic factors influencing Jordan’s economy.

Khasawneh said the government was working towards achieving sustainable development and aimed to create job opportunities for Jordan’s young people to combat poverty and unemployment.

He said the government was working on improving economic competitiveness to increase entrepreneurial opportunities in the country.

Van Roden highlighted Jordan’s success in maintaining a low level of inflation of 2.9 percent.

The last EFF report for Jordan was published in August of 2021 and assessed the effects of the COVID-19 pandemic on the Jordanian economy.