Jordan: Third Review Under the Stand-By Arrangement

September 3, 2004

Preview Citation

Format: Chicago

Jordan: Third Review Under the Stand-By Arrangement, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

The staff report for the Third Review Under the Stand-By Arrangement on Jordan highlights the economic developments and policies. Additional grants and higher tax revenue will offset the loss of the oil surplus and the increase in petroleum subsidies. The authorities intend to limit total budgetary expenditure to the program level with a view to achieving the fiscal deficit target. The authorities recognized an upside potential on the revenue side, and in such an event, they intend to save a large portion of the overperformance for further deficit and debt reduction.

Subject: Banking, Commercial banks, Expenditure, External debt, Financial institutions, Monetary base, Money, Public debt

Keywords: Approval of the Third Review, Commercial banks, CR, Debt, Deficit net, Discussion of Jordan's performance, Executive board discussion, Government debt stock, ISCR, Monetary base, Net, SDR

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/287
Stock No:

1JOREA0042004
ISBN:

9781451820331
ISSN:

1934-7685

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