IMF reaches agreement with Jordan on fifth review of extended fund facility – statement

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FILE PHOTO: The International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings

CAIRO (Reuters) – The IMF said on Tuesday it had reached a staff-level agreement with Jordan on a fifth review under an extended fund facility.

Completing the review will bring total IMF disbursements to Jordan over 2020-24 to about $2 billion, not including about $469 disbursed under the IMF’s general SDR allocation in 2021, it said in a statement.

(Reporting by Nafisa Eltahir; Editing by Alison Williams)