Jordan : Request for a Stand-By Arrangement—Staff Report; Staff Supplement; Request for Modification of Performance Criteria; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Jordan.

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

December 27, 2012

Electronic Access:

Free Full text (PDF file size is 1071 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Jordan’s external vulnerabilities, arising mainly from the energy sector, increased during the last decade. Aided by exceptionally large grants, fiscal policy accommodated the social impact of these shocks. Concerns about social tensions at the beginning of the year put on hold the needed fiscal consolidation. At the same time, balance of payments pressures intensified. The authorities’ program is designed to correct the fiscal and external imbalances and support the exchange rate peg. Structural policies will focus on supporting growth and employment.

Series:

Country Report No. 12/343

Subject:

English

Publication Date:

December 27, 2012

ISBN/ISSN:

9781475598520/1934-7685

Stock No:

1JOREA2012003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

93

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