Jordan: Staff Report for the 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criterion and Applicability of Performance Criteria

June 9, 2014

Preview Citation

Format: Chicago

Jordan: Staff Report for the 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criterion and Applicability of Performance Criteria, (USA: International Monetary Fund, 2014) accessed September 19, 2024

Summary

This paper focuses on Jordan’s 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement (SBA), Request for Waivers of Nonobservance of Performance Criterion (PC) and Applicability of PCs. The program is broadly on track and, looking forward, will focus on deep tax reform. All end-2013 targets were met. The central government is expected to meet its end-March 2014 target, but the combined public sector deficit will be missed because of temporary shortfalls in gas delivery from Egypt. International reserves have continued to over-perform through March. The IMF staff supports the completion of the third and fourth reviews.

Subject: Balance of payments, Banking, Current account, External debt, Government debt management, Public debt, Public financial management (PFM), Revenue administration

Keywords: CR, Credit growth, Current account, Exchange rate, Executive Board's discussion, Global, Government debt management, Headline inflation, Investment law, ISCR, Jordanian dinar, Jordan's quota, Middle East, SBA in the amount of SDR

Publication Details

Pages:

109
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/152
Stock No:

1JOREA2014001
ISBN:

9781498395137
ISSN:

1934-7685

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