Jordan: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jordan
May 21, 2009
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This 2009 Article IV Consultation highlights that Jordan’s money and financial markets have weakened since mid-2008. Bank deposits edged down slightly in October but subsequently recovered, with the share of dinar deposits continuing to increase. Executive Directors have noted that sound macroeconomic management has enhanced Jordan’s resilience to the global crisis. Directors have also emphasized that, in light of the economy’s close ties with the region and reliance on external financing, near-term policies should remain focused on guarding against vulnerabilities.
Subject: Banking, Commercial banks, Economic and financial statistics, Expenditure, Financial institutions, Government finance statistics, Public debt, Revenue administration
Keywords: balance of payments, bank performance, Commercial banks, CR, deficit, exchange rate, GDP, Global, Government finance statistics, headline inflation, insurance market, ISCR, Jordanian dinar, money market, net, weakening economy
Pages:
55
Volume:
2009
DOI:
Issue:
159
Series:
Country Report No. 2009/159
Stock No:
1JOREA2009001
ISBN:
9781451820409
ISSN:
1934-7685
