Jordan: Fifth Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criterion and Applicability of Performance Criterion, Modification of Performance Criterion, and Rephasing of Access
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Summary:
This paper discusses Jordan’s Fifth Review Under the Stand-by Arrangement, Request for Waivers of Nonobservance of Performance Criterion (PC) and Applicability of PC, Modification of PC, and Rephasing of Access. Program performance in 2014 is broadly on track. The end-September PC on the central government primary deficit is estimated to have been met, but the PC on the combined public sector deficit is likely to have been missed owing to a shortfall in gas flows from Egypt. International reserves continued to over-perform through September. The IMF staff supports the completion of the fifth review and the related purchase.
Series:
Country Report No. 2014/324
Subject:
External debt Government debt management Income and capital gains taxes Inflation Prices Public debt Public financial management (PFM) Taxes
English
Publication Date:
December 2, 2014
ISBN/ISSN:
9781484313527/1934-7685
Stock No:
1JOREA2014003
Pages:
73
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