Jordan: 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Publication Date:

August 22, 2008

Electronic Access:

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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:

English

Publication Date:

August 22, 2008

ISBN/ISSN:

9781451820386/1934-7685

Stock No:

1JOREA2008001

Pages:

52

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