Jordan: Request for an Extended Arrangement Under the Extended Fund Facility and Cancellation of the Current Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Jordan

January 11, 2024

Preview Citation

Format: Chicago

Jordan: Request for an Extended Arrangement Under the Extended Fund Facility and Cancellation of the Current Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Jordan, (USA: International Monetary Fund, 2024) accessed December 21, 2024

Summary

Jordan has weathered a series of shocks relatively well, owing to adept policy making and sizable international support. Despite a challenging global and regional environment, Jordan has maintained macro stability, its economy is growing, albeit at a moderate pace, and inflation is low. However, despite progress achieved, unemployment is still very high, public debt is elevated and above pre-pandemic levels, and structural challenges weigh on private sector development.

Subject: Arrears, Expenditure, External debt, Fiscal policy, Fiscal stance, International organization, Monetary policy, Public debt

Keywords: Arrears, Economy well, EFF arrangement, Fiscal stance, Global, Government entity, Jordan compact, Reform agenda

Publication Details

Pages:

107
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/010
Stock No:

1JOREA2024001
ISBN:

9798400262517
ISSN:

1934-7685

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