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Jordan's PM to Reshuffle Cabinet to Accelerate Reforms 


A handout picture released by the Jordanian Royal Palace on Oct. 12, 2020, shows Bisher al-Khasawneh being sworn in as the new Prime Minister in the capital Amman.
A handout picture released by the Jordanian Royal Palace on Oct. 12, 2020, shows Bisher al-Khasawneh being sworn in as the new Prime Minister in the capital Amman.

Prime Minister Bisher al-Khasawneh was expected to reshuffle his cabinet on Sunday to help accelerate IMF-guided reforms seen as crucial to economic recovery in Jordan from the blow of the coronavirus pandemic, officials said.

Six new ministers will be named including interior and justice after Khasawneh fired both incumbents last week for attending a restaurant dinner party that violated coronavirus restrictions they were supposed to enforce.

The British-educated Khasawneh, a veteran former diplomat and palace aide, was appointed last October by King Abdullah to restore public trust over the handling of the coronavirus health crisis and defuse anger over successive governments' failure to deliver on pledges of prosperity and curbing corruption.

Jordan is witnessing a nearly two-month-old surge of infections driven by a more contagious variant of the virus amid rising discontent over worsening economic conditions and curbs on public freedoms under emergency laws.

Aides say Khasawneh was expected to retain Harvard-educated Mohammad Al Ississ as finance minister. He has won International Monetary Fund praise for his handling of the economy during the pandemic, and has negotiated a four-year IMF program worth $1.3 billion, signaling confidence in Jordan’s reform agenda.

The expected reshuffle comes after parliament last week passed a 9.9 billion dinar ($14 billion) budget which Al Ississ said aimed to maintain fiscal prudence to help ensure financial stability and rein in a record $45 billion public debt.

The economy saw its worst contraction - 3% - in decades last year, hit by lockdowns, border closures and a sharp fall in tourism during the pandemic, but the government and the IMF both predict a bounce of similar magnitude this year.

Officials say Jordan’s commitment to IMF reforms and investor confidence in the improved outlook helped the country maintain stable sovereign ratings at a time when other emerging markets were being downgraded.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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