AMMAN — A delegation from the International Monetary Fund (IMF) is in Jordan to conduct the second review of the country’s economic “correction” programme as part of a $700 million Extended Fund Facility (EFF) with the Kingdom, Minister of Finance Omar Malhas said on Tuesday.

 

“The delegation from the IMF started the current visit to Jordan since the start of this week and their mission to the Kingdom will continue until the end of this month,” the minister told The Jordan Times on Tuesday.

 

During the visit, the IMF delegation will hold a series of meetings with officials at the Finance Ministry, the Central Bank of Jordan and other concerned authorities.

 

“The IMF mission is currently collecting data and information,” Malhas said.

 

After the completion of the second economic review, Jordan is expected to receive $175 million, which is the second tranche of the programme, according to the ministry.