"With unemployment still high, and particularly among the youth and women, structural reforms are essential for achieving strong and inclusive growth and creating more jobs," IMF official Ron van Rooden told reporters. “Despite a challenging global and regional environment, Jordan has maintained macroeconomic stability," van Rooden said. Jordan's macroeconomic stability had helped it tap more favourable interest rates from international capital markets than other sovereign countries when it issued last months' Eurobond worth $1.25 billion, he said. "We are calling Jordan a success story because they have consistently implemented sound macroeconomic policy, fiscal policy, monetary policy," he said. Inflation was on track to moderate to 2.7% in 2023 from earlier projections of 3.8% with a tight monetary policy that helped to curb global inflationary pressures, van Rooden said.

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