Amman: The International Monetary Fund announced that Jordan has implemented several policy measures to enhance its ability to tackle economic challenges, as the nation deals with increasing price pressures due to regional tensions.
According to Jordan News Agency, Jihad Azour, Director of the Middle East and Central Asia Department at the Fund, highlighted a staff-level agreement on the fifth review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF). This agreement reflects confidence in Jordan's economic management.
Azour, speaking at a press conference in Washington, detailed the measures, which include boosting shipping and logistics activity through Aqaba Port, enhancing energy security, maintaining supply chain continuity, and ensuring liquidity in financial markets. He also noted that the Jordanian government has provided targeted support to the most affected groups to alleviate the impact of economic pressures.
The IMF indicated that Jordan entered the current period of regional conflict with a strong economic foundation and continues to demonstrate resilience. Despite short-term pressures affecting energy markets and the tourism sector, growth is expected to slow in 2026. The Fund forecasts Jordan's economy to grow by 2.7% this year and increase to 3.1% next year. Meanwhile, it has lowered its growth forecast for the broader Middle East, North Africa, Afghanistan, and Pakistan region to 1.4% for the current year.