Sunday 13 October 2013

IMF officials give Jordan some wiggle room on reforms | News , Middle East | THE DAILY STAR

IMF officials give Jordan some wiggle room on reforms | News , Middle East | THE DAILY STAR:

"International Monetary Fund officials relaxed some fiscal and other targets for Jordan under its $2 billion loan program as the country struggles to deal with an influx of Syrian refugees and energy supply disruptions.

The IMF officials on Saturday agreed to give Jordan about $258 million, its third tranche of aid under a three-year loan program started last year to help the Middle Eastern country speed up economic reforms and boost growth.

The IMF's executive board must still sign off on the disbursal, which should happen in November."

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