Jordan: Technical Assistance Report-Fiscal Transparency Evaluation
IMF Staff Country Reports, October 8, 2021
Source details
- Canonical URL
- Jordan: Technical Assistance Report-Fiscal Transparency Evaluation
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Bibliographic details
- Published: October 8, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513598840.002
Executive summary and key findings
- Jordan has taken important steps to enhance its fiscal transparency over the past decade.
- There is a comprehensive legal framework for the management of public finances.
- Fiscal reports have become more comprehensive and cover a high proportion of public sector institutions.
- The frequency of in-year reporting is at an advanced level.
- The timeliness of publication of the government’s annual financial statements is at an advanced level.
- Fiscal statistics are disseminated in accordance with international standards (SDDS).
- Fiscal forecasts and budgets have become more forward looking and policy oriented with the introduction of a five-year medium-term budget framework and a program classification.
- In the 2019 Open Budget Survey, Jordan scored above the global average for transparency and is the only country in the region ranked overall as ‘green’ on this measure.
- The Fiscal Transparency Evaluation (FTE) provides a more detailed and in-depth analysis with a broader focus than the Open Budget Survey.
Major themes analyzed
- Legal and institutional framework for public financial management
- Existence of a comprehensive legal framework for management of public finances.
- Reporting coverage and comprehensiveness
- Improved comprehensiveness of fiscal reports and expanded coverage of public sector institutions.
- In-year reporting and annual financial statements
- Advanced frequency of in-year reporting.
- Advanced timeliness of publication of government annual financial statements.
- Fiscal statistics and standards
- Dissemination of fiscal statistics in accordance with international standards (SDDS).
- Budgeting and fiscal forecasting
- Introduction of a five-year medium-term budget framework.
- Adoption of a program classification to make forecasts and budgets more forward looking and policy oriented.
- Comparative transparency assessment
- 2019 Open Budget Survey outcome: scored above the global average for transparency; only country in the region ranked overall as ‘green’.
- FTE offers broader and more in-depth analysis compared with the Open Budget Survey.
Publication and metadata (exact values)
- Publication title: Jordan: Technical Assistance Report-Fiscal Transparency Evaluation
- Publication date on page: October 8, 2021
- Pages: 69
- Volume: 2021
- Issue: 224
- Series: Country Report No. 2021/224
- DOI: https://doi.org/10.5089/9781513598840.002
- Stock No: 1JOREA2021003
- ISBN: 9781513598840
- ISSN: 1934-7685
- Format citation shown on page: International Monetary Fund. Fiscal Affairs Dept. "Jordan: Technical Assistance Report-Fiscal Transparency Evaluation", IMF Staff Country Reports 2021, 224 (2021), accessed 9/5/2026, https://doi.org/10.5089/9781513598840.002
Subject tags and keywords (as listed)
- Subject: Budget planning and preparation, Expenditure, Fiscal reporting, Fiscal risks, International organization, Monetary policy, Public debt, Public financial management (PFM)
- Keywords: Budget planning and preparation, equity ratio, Europe, Fiscal reporting, Fiscal risks, General government debt, General government finance bulletin, Global, IMF mission, Jordan FTC rating, Middle East and Central Asia
Source: Jordan: Technical Assistance Report-Fiscal Transparency Evaluation, IMF Staff Country Reports 2021, 224 (2021), DOI: https://doi.org/10.5089/9781513598840.002.
Content in this bundle
- 1jorea2021003