Jordan: 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
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Summary:
Jordan’s 2008 Article IV Consultation discusses the appropriate policy response to mounting fiscal and external vulnerabilities and higher inflation. Sharply higher world fuel and food prices led to a marked widening of the fiscal and external current account deficits and, more recently, a jump in inflation. Economic prospects remain broadly favorable, though the public and external sector imbalances imply increased challenges to sustaining strong macroeconomic performance. Structural reforms are proceeding, aimed at reducing distortions and enhancing the private sector’s growth prospects.
Series:
Country Report No. 2008/290
Subject:
Current account Economic and financial statistics Expenditure External debt Fiscal policy Government finance statistics Public debt
English
Publication Date:
August 22, 2008
ISBN/ISSN:
9781451820386/1934-7685
Stock No:
1JOREA2008001
Pages:
52
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