Jordan: Technical Assistance Report-Public Investment Management Assessment (PIMA)

December 18, 2017

Preview Citation

Format: Chicago

Jordan: Technical Assistance Report-Public Investment Management Assessment (PIMA), (USA: International Monetary Fund, 2017) accessed September 20, 2024

Summary

This Technical Assistance Report discusses the recommendations given by the IMF mission on improving the public investment management in Jordan. Jordan’s public finances have deteriorated since the mid-2000s, resulting in a significant reduction in public investment. In response to several negative external shocks, notably the Iraq and Syria crises and the 2008 global financial crisis, the government has reduced public investment and stepped up the use of public-private partnerships (PPPs). It is recommended to improve the quality of strategic planning by clarifying roles and responsibilities, enhancing coordination mechanisms between the institutions involved, and ensuring that strategic projects go through the Executive Development Plan cycle. The oversight and disclosure practices of PPPs should also be strengthened.

Subject: Budget planning and preparation, Capital spending, Expenditure, Public debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Authorities data., Budget planning and preparation, Capital spending, Consolidation effort, Construction project, CR, General government finance bulletin, Global, Government direct support, Government loan guarantee, Government procurement website, Government unit, Government works by-law, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, Public sector investment portfolio

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/366
Stock No:

1JOREA2017003
ISBN:

9781484332221
ISSN:

1934-7685

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