13/05/2025

Program Development Objective is:

Improving the enabling business environment and deepening access to finance for private sector-led growth.

The Development Policy Financing (DPF) series aims to support the Government of Jordan’s efforts to promote private sector-led growth and job creation. This Program is the first in a programmatic series of two IBRD loans designed to support reforms initiated under the Government's Economic Modernization Vision (EMV) 2033. The initial single-tranche Program in the amount of US $400 million is structured around two pillars:

Improving the enabling business environment.

Deepening access to finance.

Jordan’s economy has struggled to generate sufficient productive private sector jobs to meet the growing population's needs. This Program aims to improve competitiveness and attract investment in high-potential sectors. It also focuses on expanding opportunities for MSME growth, entrepreneurship, access to finance, and innovation, while reducing barriers to female labor force participation. The reforms are informed by a wide-ranging program of Analytic and Advisory Activities (ASAs) funded by the Jordan Growth MDTF; sector-specific Country Private Sector Diagnostic (CPSD 2.0, forthcoming); an updated study on informal employment; the Women, Business and the Law report; and B-READY technical assistance on business-enabling reforms.

Relevant Stakeholders / Partners:

Line Agencies