Jordan: Seventh and Final Review Under the Stand-By Arrangement and Proposal for Post-Program Monitoring
IMF Staff Country Reports, August 5, 2015
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- Jordan: Seventh and Final Review Under the Stand-By Arrangement and Proposal for Post-Program Monitoring
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Bibliographic details
- Authors: Arrangement, Proposal
- Published: August 5, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513575322.002
Summary and Staff Recommendation
- Paper discusses Jordan’s Seventh and Final Review Under the Stand-by Arrangement and Proposal for Post-program Monitoring.
- IMF staff supports the completion of the seventh review and the related purchase.
Macroeconomic performance and outlook
- Jordan’s program has helped the economy weather different shocks.
- Performance has been good in the run-up to the final review.
- Although growth has been affected by regional tensions, the current account deficit is narrowing, foreign reserves remain at an adequate level, and inflation is low.
- All end-April performance criteria were met with comfortable margins, and policies are on track to meet their 2015 targets.
Fiscal structural reform and public finances
- Fiscal structural reform is moving forward.
- Policies are on track to meet their 2015 targets.
Subject coverage and key topics
- Subject: Credit, Economic sectors, Government debt management, Money, Oil prices, Prices, Public debt, Public financial management (PFM), Public sector
- Keywords (as provided): cost, CR, Credit, disbursement of SDR, executive board's decision, gas supplies, Global, Government debt management, ISCR, macroeconomic fundamentals, Oil prices, policy rate, Public sector