IMF Staff Country Reports

Jordan: Report on Observance of Standards and Codes—Fiscal Transparency Module

January 18, 2006

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Format: Chicago

International Monetary Fund. "Jordan: Report on Observance of Standards and Codes—Fiscal Transparency Module", IMF Staff Country Reports 2006, 021 (2006), accessed 12/14/2025, https://doi.org/10.5089/9781451820355.002

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Summary

This paper examines the Report on the Observance of Standards and Codes on Jordan’s fiscal transparency. Government activities are generally distinguished from those of public financial institutions, which carry out quasi-fiscal activities. Government holdings of fully owned corporations, and equity participations are moderate, but the management of state assets is not defined clearly, and the monitoring system is inadequate. Quasi-fiscal activities have been particularly prominent in the energy sector, related to the maintenance of fuel prices below world prices.

Subject: Budget planning and preparation, Contingent liabilities, Fiscal accounting and reporting, Fiscal policy, Public debt, Public financial management (PFM)

Keywords: budget document, Budget planning and preparation, Contingent liabilities, CR, entities holding, final accounts, Fiscal accounting and reporting, General government expenditure, Global, government development policy, government holding, government regulation, ISCR, nontax revenue, power production company