Kristina Kostial, Former International Monetary Fund Mission Chief for Jordan Date of Interview: August 2015 To overcome persistent economic shocks, in 2012 Jordan successfully sought out a loan from the IMF in return for introducing a series of tough economic reforms….
On paper, record low oil prices should prove to be an economic bonanza for an emerging market energy importer like Jordan. But what’s the reality? By Dina al-Wakeel In 2011, just when it was trying to get back on its…
The Kingdom’s economy performed well last year despite regional unrest, and its upward trajectory looks set to continue in 2016. Steady reform and targeted growth bolstered investor confidence in Jordan’s economy in 2015, as weaker oil prices helped support a…
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…
The International Monetary Fund said Jordan is seeking an extension to its three-year, $2 billion Stand-By Arrangement that expired earlier this month. “The (Jordanian) authorities have expressed interest in a successor arrangement with the fund,” Kristina Kostial, IMF’s mission chief…