Jordan : Request for a Stand-By Arrangement-Staff Report; Staff Supplement; Request for Modification of Performance Criteria; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Jordan.

Jordan's external vulnerabilities, arising mainly from the energy sector, increased during the last decade. Aided by exceptionally large grants, fiscal policy accommodated the social impact of these shocks. Concerns about social tensions at the beginning of the year put on hold the needed fisca...

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Bibliographic Details
Corporate Author: International Monetary Fund. Middle East and Central Asia Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Staff Country Reports; Country Report ; No. 2012/343
Online Access:Full text available on IMF
Description
Summary:Jordan's external vulnerabilities, arising mainly from the energy sector, increased during the last decade. Aided by exceptionally large grants, fiscal policy accommodated the social impact of these shocks. Concerns about social tensions at the beginning of the year put on hold the needed fiscal consolidation. At the same time, balance of payments pressures intensified. The authorities' program is designed to correct the fiscal and external imbalances and support the exchange rate peg. Structural policies will focus on supporting growth and employment.
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Physical Description:1 online resource (93 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students