VOL. XLII

No. 11

15-March-1999

JORDAN

Jordan And IMF Reach Agreement

Jordan and the International Monetary Fund (IMF) havereached agreement on an extension of the 10-year program which expired lastmonth in the form of a new three-year package. "We have finalized ourdiscussions with the IMF," Mr. Michel Marto, Jordan痴 Minister of Finance,told the Jordan Times on 3 March. "It is the key to borrowing fromthe international community and rescheduling our debts with the Paris Club andother creditors."...