A delegation from the International Monetary Fund (IMF) will visit Jordan after mid-September to discuss the third review of Jordan’s economy, an official source said Sunday.
The delegation will conduct a review under the Extended Fund Facility program, which will end in March 2020, according to the official source.
The IMF members will discuss the performance of the general finance situation and the growth rate of the country’s economy.
They will also discuss issues of energy and electricity strategies, the official told Xinhua.
In 2016, Jordan reached a 36-month deal with the IMF to embark on reforms to reduce public debt and conduct several fiscal reforms.
Under the deal, Jordan is expected to generate 520 million dinars (around 730 million U.S. dollars) in additional revenues, which seems to be a difficult task.