Jordan: Staff Report for the 2012 Article IV Consultation
Electronic Access:
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Summary:
This 2012 Article IV Consultation highlights that the pace of economic activity in Jordan remains subdued. Following a period of robust growth during 2000–09 supported by a favorable external environment, economic activity slowed sharply. Jordan is also facing risks from a further deterioration in its terms of trade and unrest in neighboring countries. Executive Directors have commended the authorities’ track record of prudent and effective macroeconomic management. Directors have also welcomed the fiscal tightening in the 2012 budget and the authorities’ three-year fiscal reform agenda.
Series:
Country Report No. 2012/119
Subject:
Balance of payments Banking Commercial banks Current account Current account deficits Fiscal policy Fiscal stance Public debt Real effective exchange rates
English
Publication Date:
May 22, 2012
ISBN/ISSN:
9781475503784/1934-7685
Stock No:
1JOREA2012001
Pages:
70
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