Jordan: Staff Report for the 2012 Article IV Consultation

May 22, 2012

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Format: Chicago

Jordan: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed October 6, 2024

Summary

This 2012 Article IV Consultation highlights that the pace of economic activity in Jordan remains subdued. Following a period of robust growth during 2000–09 supported by a favorable external environment, economic activity slowed sharply. Jordan is also facing risks from a further deterioration in its terms of trade and unrest in neighboring countries. Executive Directors have commended the authorities’ track record of prudent and effective macroeconomic management. Directors have also welcomed the fiscal tightening in the 2012 budget and the authorities’ three-year fiscal reform agenda.

Subject: Balance of payments, Banking, Commercial banks, Current account, Current account deficits, Fiscal policy, Fiscal stance, Public debt, Real effective exchange rates

Keywords: Consumer, CR, Current account, Current account deficits, Economy well, Electricity pricing, Exchange rate, Financing need, Fiscal consolidation effort, Fiscal stance, GCC economy, Global, Headline inflation, Inflation expectation, ISCR, Jordanian dinar, Middle East, Prices of oil imports, Pricing schedule, Real GDP, Rebound, World bank Group strategy

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/119
Stock No:

1JOREA2012001
ISBN:

9781475503784
ISSN:

1934-7685

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