## Jordan: Staff Report for the 2012 Article IV Consultation

_IMF Staff Country Reports, May 22, 2012_

## Source details

**Canonical URL:** [Jordan: Staff Report for the 2012 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/jordan-staff-report-for-the-2012-article-iv-consultation-25937)

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## Bibliographic details
- Published: May 22, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475503784.002

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### Economic performance
- 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 faces risks from a further deterioration in its terms of trade.

### External and regional risks
- Unrest in neighboring countries is a significant downside risk.
- Terms of trade deterioration is highlighted as an additional external vulnerability.

### Fiscal policy and reforms
- Directors welcomed the fiscal tightening in the 2012 budget.
- Authorities have put forward a three-year fiscal reform agenda aimed at strengthening public finances.

### Institutional assessment
- Executive Directors commended the authorities’ track record of prudent and effective macroeconomic management.

### Thematic coverage (as stated)
- Balance of payments
- Banking; Commercial banks
- Current account; Current account deficits
- Fiscal policy; Fiscal stance; Fiscal consolidation effort; Public debt
- Real effective exchange rates
- Inflation: headline inflation; inflation expectation
- Energy and pricing: electricity pricing; prices of oil imports; pricing schedule
- Other: consumer, exchange rate, financing need, GCC economy, Middle East, real GDP, rebound, World bank Group strategy

*Source: Jordan: Staff Report for the 2012 Article IV Consultation (May 22, 2012).*

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## Content in this bundle

- **Jordan: 2012 Article IV Consultation; IMF Country Report 12/119; March 23, 2012**
  - [Jordan: 2012 Article IV Consultation; IMF Country Report 12/119; March 23, 2012 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr12119.pdf.md){rel="alternate" type="text/markdown"}
  - [Jordan: 2012 Article IV Consultation; IMF Country Report 12/119; March 23, 2012 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr12119.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/jordan-staff-report-for-the-2012-article-iv-consultation-25937_