IMF Staff Country Reports

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

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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 November 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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2024/010

  • Stock No:

    1JOREA2024001

  • ISBN:

    9798400262517

  • ISSN:

    1934-7685