Middle East Economic Survey

VOL. XLVII

No 28

12-July-2004

JORDAN

IMF Completes Third And Final Review UnderJordans Stand-By Arrangement

The IMF has completed its third and final review of Jordans performance under a two-year Special Drawing Rights SDR85.28mn ($125.6mn) Stand-By Arrangement. The arrangement, which was approved on 3 July 2002, has been treated by the Jordanian authorities as precautionary after an initial disbursement of SDR10.66mn ($15.7mn), given the strength of Jordans external...