IMF Staff Country Reports

Jordan: Sixth Review Under the Stand-By Arrangement, Request for Waivers of Applicability of Performance Criteria, and Rephasing of Access

May 7, 2015

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Jordan: Sixth Review Under the Stand-By Arrangement, Request for Waivers of Applicability of Performance Criteria, and Rephasing of Access, (USA: International Monetary Fund, 2015) accessed September 19, 2024

Summary

This paper discusses Jordan’s Sixth Review Under the Stand-By Arrangement, Request for Waivers of Applicability of Performance Criteria (PC), and Rephasing of Access. PC Program performance remains broadly on course. All end-March 2015 PCs are expected to be met. Structural performance saw improvement, including the pre-approval of a credit bureau and the establishment of a new public investment framework. There is an urgent need for broad-based policy actions in the labor market to put the unemployed into jobs, increase female labor force participation, and reform public-sector compensation and hiring practices. The IMF staff supports the completion of the sixth review and the related purchase.

Subject: Balance of payments, Banking, Credit, Current account, Government debt management, Money, Oil prices, Prices, Public debt, Public financial management (PFM)

Keywords: Africa, CR, Credit, Current account, Europe, Executive board's discussion, Global, Government debt management, Hosting refugee, Indirect cost, ISCR, Labor market participation, Middle East, Oil price, Oil prices, Reform public sector hiring

Publication Details

  • Pages:

    71

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/115

  • Stock No:

    1JOREA2015001

  • ISBN:

    9781484367797

  • ISSN:

    1934-7685