IMF Staff Country Reports

Jordan: 2010 Article IV Consultation-Staff Report and Public Information Notice

Publication Date:

September 20, 2010

Electronic Access:

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Summary:

The economy of Jordan was affected by the global crisis. Lower commodity prices helped improve Jordan’s external position. Effective banking supervision has strengthened the capacity of Jordanian banks to withstand shocks. The authorities have implemented prudent fiscal and monetary policies. The medium-term fiscal strategy should be supported by a number of institutional reforms. The fixed exchange rate regime remains important for financial stability. Bank regulation and supervision should continue to focus on preventing excessive risk-taking.

Series:

Country Report No. 2010/297

Subject:

Balance of payments Commercial banks Current account Financial institutions Fiscal policy Foreign exchange Public debt Real effective exchange rates

Frequency:

Monthly