IMF Office in Jordan

Resident Representative for Jordan

Kareem K. Ismail

Resident Representative

Office Information

P.O. Box 35296 Amman 11180, Jordan

Email: KIsmail@imf.org
Fax: (962) 6-5861572
Tel: (962) 6-5861598

Kareem K. Ismail, Resident Representative: Kareem Ismail has been serving as Resident Representative based in Amman since 2018, previously he covered Iraq and Yemen, and he has been covering Jordan since September 2020. Prior to this, Mr. Ismail worked in the Strategy, Policy, and Review Department (SPR) and the African department of the IMF. In SPR, he co-authored various policy papers including on Fund lending and was SPR economist on Turkey and Albania, including covering the successful completion of the latter’s 2014 EFF program. He also served as team lead on the vulnerability exercise for low-income countries and as deputy on the IMF Risk group. In the African Department, he helped negotiate Liberia’s first program post debt relief under the HIPC initiative and was fiscal desk economist on Zambia. Prior to joining staff, Kareem was Advisor to the Executive Director at the IMF for the Middle East (2009-11). He holds a PhD in economics from the Johns Hopkins University.
Rayah Al-Farah, Economist: Rayah Al-Farah is an Economist at the Resident Representative Office of the IMF in Jordan. Prior to joining the team in Amman, she worked in the Middle East and Central Asia department of the IMF in Washington DC, covering the Caucasus and Turkmenistan. She has co-authored multiple IMF papers and has worked on a variety of research projects on inclusive growth, financial inclusion, social spending, private sector development, and macroprudential policies. Rayah holds a B.A. in Economics from Wellesley College, and a Master’s in Global Human Development from Georgetown University.
Sana Almunizel, Administrative Assistant

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This web page presents information about the work of the IMF in Jordan, including the activities of the IMF Resident Representative Office. Additional information can be found on the Jordan and IMF, including IMF reports and Executive Board documents that deal with Jordan.

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At Glance
Office Activities

Jordan and the IMF
Regional Economic Outlook

At Glance

Jordan joined the Fund in August 29, 1952

Quota (SDR): 343.1 million

Office Activities

IMF official commends gov’t’s ‘momentum’ on reforms

IMF Resident Representative Kareem Ismail says ensuring macroeconomic stability, debt sustainability will be paramount

February 8, 2021

Jordan and the IMF

Statement by IMF Managing Director Kristalina Georgieva on Jordan

July 23, 2021
IMF Executive Board Concludes Second Review Under Jordan’s Extended Arrangement and Request for Augmentation of Access to Address the Impact of COVID-19

July 1, 2021
Four Questions About Debt and Financing Risks from COVID-19 in the Middle East and North Africa

April 28, 2021
Statement by IMF Managing Director Kristalina Georgieva on Jordan

April 12, 2021
Regional Economic Outlook: Arising from the Pandemic: Building Forward Better

April 11, 2021

Regional Economic Outlook

April 11, 2021

A year into the coronavirus (COVID-19) pandemic, the race between vaccine and virus entered a new phase in the Middle East and Central Asia region, and the path to recovery in 2021 is expected to be long and divergent. The outlook will vary significantly across countries, depending on the pandemic’s path, vaccine rollouts, underlying fragilities, exposure to tourism and contact-intensive sectors, and policy space and actions. Public gross financing needs in most emerging markets in the region are expected to remain elevated in 2021–22, with downside risks in the event of tighter global financial conditions and/or if fiscal consolidation is delayed due to weaker-than-expected recovery. 2021 will be the year of policies that continue saving lives and livelihoods and promote recovery, while balancing the need for debt sustainability and financial resilience. At the same time, policymakers must not lose sight of the transformational challenges to build forward better and accelerate the creation of more inclusive, resilient, sustainable, and green economies. Regional and international cooperation will be key complements to strong domestic policies.
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