VOL. XLII

No. 18

3-May-1999

JORDAN

IMF Approves EFF And CCFF For Jordan

The IMF has approved credits totaling SDR161.98mn (US$220mn)for Jordan in support of the country痴 economic adjustment and structuralreform program for the period 1999/2001, following months of negotiations onthe facility (MEES, 15 March and 22 February). Of the total, SDR127.88mn(about US$174mn) is available under a three-year Extended Fund Facility (EFF)credit, which has a 10-year repayment term with a four-and-a-half year...