Jordan: Technical Assistance Report—Public Investment Management Assessment (PIMA)
IMF Staff Country Reports, December 18, 2017
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- Jordan: Technical Assistance Report—Public Investment Management Assessment (PIMA)
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Bibliographic details
- Published: December 18, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484332221.002
Executive summary and context
- Jordan’s public finances have deteriorated since the mid-2000s, resulting in a significant reduction in public investment.
- Negative external shocks cited: the Iraq and Syria crises and the 2008 global financial crisis.
- In response, the government has reduced public investment and stepped up the use of public-private partnerships (PPPs).
Key findings
- Public investment has been significantly reduced since the mid-2000s.
- Increased reliance on PPPs as a response to constrained fiscal space and external shocks.
- Strategic planning weaknesses identified, including unclear roles and responsibilities and insufficient coordination among institutions.
- Some strategic projects bypass existing planning cycles.
IMF mission recommendations (policy actions)
- Improve the quality of strategic planning by:
- Clarifying roles and responsibilities across institutions.
- Enhancing coordination mechanisms between the institutions involved.
- Ensuring that strategic projects go through the Executive Development Plan cycle.
- Strengthen oversight and disclosure practices of PPPs.
Publication metadata (selected)
- Publication date: December 18, 2017
- Pages: 60
- Series: Country Report No. 2017/366
- DOI: https://doi.org/10.5089/9781484332221.002
- ISBN: 9781484332221
- ISSN: 1934-7685
International Monetary Fund. Jordan: Technical Assistance Report-Public Investment Management Assessment (PIMA), December 18, 2017.
Content in this bundle
- Country Report