IMF mission’s return to Jordan will be decided in coming days, says Lagarde

Washington, International Monetary Fund (IMF) Managing Director, Christine Lagarde, said Thursday that the return of the IMF mission to Jordan for the second review of economic performance indicators will be decided by discussions with the Jordanian side in the coming days.

On the sidelines of the 2018 Spring Meetings of the World Bank and the International Monetary Fund (IMF) which kicked off today in Washington, DC, Lagarde told Petra that “We had a close dialogue with the authorities on the implementation of the commitments under the (IMF) program. We expect to continue these discussions in the coming days. Afterwards, the date of the mission’s return will be decided.” Regarding the IMF-supported program in Jordan, Lagarde said it includes “gradual and steady economic reforms to reduce the burden and risks associated with the high public debt on Jordan.” Ministries of Finance and Planning and the governor of the Central Bank of Jordan are representing Jordan in the meetings, in order to complete negotiations with the IMF on concluding the second review of the national economy’s performance indicators and ways to moving forward with the economic reform program.

Source: Jordan News Agency