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Mr. Christopher J. Jarvis, Ms. Gaelle Pierre, Mr. Benedicte Baduel, Dominique Fayad, Alexander de Keyserling, Mr. Babacar Sarr, and Mariusz A. Sumlinski

, and linked the emergency fund to its Treasury Single Account. The government also committed to publish on the government website procurement plans, notices, and awarded contracts, including beneficial ownership of awarded entities, for the emergency responses. The Jordanian Audit Bureau will also undertake ex post audits of all crisis-mitigating inflows and spending and will publish the results. Many other countries in the region have made similar commitments (see factsheet ). As the COVID-19 crisis enters a new phase and plans for recovery from the crisis are

Mr. Christopher J. Jarvis, Ms. Gaelle Pierre, Mr. Benedicte Baduel, Dominique Fayad, Alexander de Keyserling, Mr. Babacar Sarr, and Mariusz A. Sumlinski
This IMF Departmental Paper presents the key areas in which countries of the Middle East, North Africa, and the Caucasus and Central Asia (MECA) can enhance governance and fight corruption to achieve their economic policy goals. It draws on advances that have already taken hold in the region.
International Monetary Fund. Middle East and Central Asia Dept.

authorities are committed to transparency and accountability of emergency spending . To this end, the authorities: (i) created specific budget lines to track and report crisis-related expenditure; (ii) linked the emergency fund to the Treasury Single Account; (iii) will publish on the government website procurement plans, notices and awarded contracts, including beneficial ownership of awarded entities, for the emergency responses; and (iv) will undertake ex-post audits of all crisis-mitigating inflows and spending by the Jordanian Audit Bureau, and will publish the results

International Monetary Fund. Middle East and Central Asia Dept.
This paper discusses Jordan’s Request for Purchase Under the Rapid Financing Instrument (RFI). The coronavirus disease 2019 pandemic has had a severe impact on the Jordanian people’s lives and on the economy. Tourism disruption and sharp declines in remittances, exports and capital inflows have resulted in an urgent balance of payments need. The Jordanian authorities have responded with decisive containment and health measures that effectively limited the spread of the virus with minimal fatalities. They also implemented a timely package of policies to mitigate the economic fallout of the pandemic. IMF financing under the RFI will support international reserves and help meet the budget financing needs for crisis mitigation. Mobilizing additional financing from multilateral and bilateral creditors will be essential to support the authorities’ policy efforts and preserve macroeconomic stability. The authorities remain committed to the objectives of the reform program supported by the Extended Fund Facility arrangement, which was approved by the Board in March. When the crisis abates, the priority will be resuming fiscal consolidation to place public debt on a declining path and pursuing reforms to strengthen the competitiveness of the Jordanian economy and to support inclusive growth and job creation.