Jordan: Background Information on Selected Aspects of Adjustment and Growth Strategy

June 1, 1995

Summary

This paper presents background information on selected aspects of adjustment and growth strategy for Jordan. The paper deals with the key developments in the Jordanian economy since 1989 compared with its developments in the 1970s and 1980s. It presents an overview of Jordan’s economic structure, policies, and developments, particularly since 1989, and provides a setting for the issue-oriented discussions of other sections. Although highlighting Jordan’s recent success, it stresses the importance of appropriate financial policies and structural reforms, together with external financial support, for achieving sustainable economic growth.

Subject: Commercial banks, Expenditure, External debt, Financial institutions, Public debt, Tariffs, Taxes

Keywords: balance of payments, Commercial banks, CR, current account, debt management, debt relief, debt service, economic activity, exchange rate, financial system, fiscal policy, foreign exchange, ISCR, Middle East, poverty line, Tariffs, total factor productivity, U.S. dollar

Pages:
188
Volume:
1995
DOI:
---
Issue:
097
Series:
Country Report No. 1995/097
Stock No:
1JOREA0011995
ISBN:
9781451820270
ISSN:
1934-7685

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Notes

This background paper on Jordan was prepared by a staff team of the International Monetary Fund as documentation for the periodic consultation with this member country.

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