{
  "title": "Jordan: 2024 Article IV Consultation, Second Review Under the Extended Arrangement Under the Extended Fund Facility, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Jordan",
  "publication": "IMF Staff Country Reports, December 17, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2024/12/17/jordan-2024-article-iv-consultation-second-review-under-the-extended-arrangement-under-the-559656",
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  "summary": "This paper discusses IMF’s 2024 Article IV Consultation, Second Review under the Extended Arrangement under the Extended Fund Facility, and Request for Modification of Performance Criteria for Jordan.",
  "sections": [
    {
      "heading": "Summary and context",
      "content": "- Discusses IMF’s 2024 Article IV Consultation, Second Review under the Extended Arrangement under the Extended Fund Facility, and Request for Modification of Performance Criteria for Jordan.\n- Jordan continues to show resilience and maintain macro-economic stability, despite the headwinds caused by the regional conflict.\n- Resilience reflects the authorities’ continued implementation of sound macro-economic policies and reform progress.\n- Strong and timely international support remains crucial to help Jordan navigate through the external headwinds, while shouldering the costs of hosting a large number of Syrian refugees."
    },
    {
      "heading": "Macroeconomic outlook and external position",
      "content": "- Inflation is projected to remain low, at about 2 percent, reflecting the Central Bank of Jordan’s firm commitment to monetary stability and the exchange rate peg.\n- Jordan’s external position remains relatively strong.\n- Bringing the Jordanian economy onto a higher growth trajectory is essential to create more jobs and raise prosperity."
    },
    {
      "heading": "Policy priorities and reforms",
      "content": "- Accelerate structural reforms while maintaining macro-economic stability.\n- Maintain Central Bank of Jordan’s commitment to monetary stability and the exchange rate peg.\n- Continue implementation of sound macro-economic policies and reform progress to preserve resilience.\n- Secure strong and timely international support to manage external headwinds and refugee-related fiscal pressures."
    },
    {
      "heading": "Themes and subject coverage",
      "content": "- Subjects addressed include: External debt, Fiscal policy, Fiscal stance, Gender, Gender inequality, Public debt.\n- Keywords reflected in the report: authority of the Competition Department, development objective, digitalizing government service, executive board assessment, Fiscal stance, Gender inequality, Global, Jordanian authorities, pandemic preparedness.\n\n---\n\n Content in this bundle\n\n- 1jorea2024003-print-pdf\n  - 1jorea2024003-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1jorea2024003-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 17, 2024",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400295645.002",
    "Discusses IMF’s 2024 Article IV Consultation, Second Review under the Extended Arrangement under the Extended Fund Facility, and Request for Modification of Performance Criteria for Jordan.",
    "Jordan continues to show resilience and maintain macro-economic stability, despite the headwinds caused by the regional conflict.",
    "Resilience reflects the authorities’ continued implementation of sound macro-economic policies and reform progress.",
    "Strong and timely international support remains crucial to help Jordan navigate through the external headwinds, while shouldering the costs of hosting a large number of Syrian refugees.",
    "Inflation is projected to remain low, at about 2 percent, reflecting the Central Bank of Jordan’s firm commitment to monetary stability and the exchange rate peg.",
    "Jordan’s external position remains relatively strong.",
    "Bringing the Jordanian economy onto a higher growth trajectory is essential to create more jobs and raise prosperity.",
    "Accelerate structural reforms while maintaining macro-economic stability.",
    "Maintain Central Bank of Jordan’s commitment to monetary stability and the exchange rate peg.",
    "Continue implementation of sound macro-economic policies and reform progress to preserve resilience.",
    "Secure strong and timely international support to manage external headwinds and refugee-related fiscal pressures.",
    "Subjects addressed include: External debt, Fiscal policy, Fiscal stance, Gender, Gender inequality, Public debt.",
    "Keywords reflected in the report: authority of the Competition Department, development objective, digitalizing government service, executive board assessment, Fiscal stance, Gender inequality, Global, Jordanian authorities, pandemic preparedness.",
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