Tag: Ministry of Finance

Minister of Finance Omar Malhas at the Euromoney Conference

Jordan to Begin Talks With IMF on $700-$800 Million EFF

Jordan is expected to begin talks with the IMF this month to try to secure an Extended Fund Facility (EFF) with the international lender worth between $700 and $800 million. The talks come after Jordan successfully completed a three-year, $2…

refugee crisis

Budget 2016: The Numbers Don’t Add Up

The forecasts contained within the government’s recently-unveiled 2016 budget bill fail to convince. By Khalid W. Wazani The government has yet again built a budget based on unrealistic assumptions. In 2016, the government expects a real growth rate of 3.7…

A Necessary Loan

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

More Debt, Little Growth

The Ensour government likes to crow about its achievements. But I can’t see any, beyond boosting the national debt to new highs with little to show for it. The Economist- Yusuf Mansur The national debt increased by the end of May…