Jordan: Selected Issues
May 22, 2012
Summary
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other countries in the Middle East. From a policy perspective, macroeconomic and structural policies in Jordan should be conducted in such a way that the vulnerability of the country to sudden stops or reversals of external income flows is reduced.
Subject: Capital accumulation, Central banks, Energy prices, Energy pricing, Energy subsidies, Expenditure, National accounts, Public investment spending, Reserve positions
Keywords: Capital accumulation, Central Asia, CR, energy price subsidy, Energy pricing, Energy subsidies, Global, IMF staff estimate, investment, ISCR, Jordan, Jordan's ranking, Middle East, Middle East and Central Asia, oil price booms, physical capital accumulation, policy stance, Public investment spending, Reserve positions, Sub-Saharan Africa
Pages:
32
Volume:
2012
DOI:
Issue:
120
Series:
Country Report No. 2012/120
Stock No:
1JOREA2012002
ISBN:
9781475503845
ISSN:
1934-7685






