IMF proposes measures to fix Jordanian economy

12 Nov 2016

(MENAFN) The International Monetary Fund (IMF) recommended that Jordan should remove the general sales tax zero rate.

Accordingly, it also suggested increasing the special sales tax on oil derivatives from 6 to 20% if other recommended measures are not implemented.

The report came after the IMF conducted its first economic review of the Jordanian economy following a USD700m extended fund facility.

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