Jordan: Request for an Extended Arrangement Under the Extended Fund Facility and Cancellation of the Current Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Jordan

Jordan has weathered a series of shocks relatively well, owing to adept policy making and sizable international support. Despite a challenging global and regional environment, Jordan has maintained macro stability, its economy is growing, albeit at a moderate pace, and inflation is low. However, despite progress achieved, unemployment is still very high, public debt is elevated and above pre-pandemic levels, and structural challenges weigh on private sector development.