Bloomberg News

Jordan Asks IMF for $2 Billion Loan, Al Arab Al Yawm Reports

By Mohammad Tayseer
May 22, 2012

Jordan has asked the International Monetary Fund for a $2 billion loan, the Al Arab Al Yawm newspaper reported, citing an unidentified official.

The IMF is asking Jordan to lift subsidies on some products and services and impose new taxes, it reported.

To contact the reporter on this story: Mohammad Tayseer at mtayseer@bloomberg.net

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus