Jordan Daily – Finance Minister Mohammed Al-Ississ met with IMF Managing Director Kristalina Georgieva on Thursday in Washington.
Georgieva praised Jordan, saying that “wisdom, vision and executive ability” had enabled the country to maintain macro-fiscal and monetary stability through proactive reforms.
“The economic reforms implemented by the Government of Jordan through the Extended Fund Facility have addressed global economic shocks and maintained economic stability,” Georgieva said in a tweet. “We stand ready to continue to support Jordan’s efforts for a thriving and sustainable future.”
Al-Ississ said that the government had implemented fair financial policies in an institutional manner, which had led to expanding the revenue base without increasing or raising tax rates.
He pointed out that Jordan had succeeded in maintaining overall stability by taking proactive measures and reforms. He also discussed some of the economic challenges Jordan faces, such as unemployment.
Central Bank Governor Adel Sharkas presented the measures taken by the Central Bank of Jordan to maintain monetary stability and the strength of the banking sector.
Minister of Planning and International Cooperation Zeina Touqan discussed the issue of Syrian refugees in Jordan, and the decline in international financial support to help Jordan host refugees.
