Jordan: 2010 Article IV Consultation-Staff Report and Public Information Notice

September 20, 2010

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Format: Chicago

Jordan: 2010 Article IV Consultation-Staff Report and Public Information Notice, (USA: International Monetary Fund, 2010) accessed November 12, 2024

Summary

The economy of Jordan was affected by the global crisis. Lower commodity prices helped improve Jordan’s external position. Effective banking supervision has strengthened the capacity of Jordanian banks to withstand shocks. The authorities have implemented prudent fiscal and monetary policies. The medium-term fiscal strategy should be supported by a number of institutional reforms. The fixed exchange rate regime remains important for financial stability. Bank regulation and supervision should continue to focus on preventing excessive risk-taking.

Subject: Balance of payments, Commercial banks, Current account, Financial institutions, Fiscal policy, Foreign exchange, Public debt, Real effective exchange rates

Keywords: Commercial banks, CR, Current account, Debt management, Deficit, Foreign direct investment, Global, Headline inflation, ISCR, Jordanian dinar, Middle East, Monetary policy, Real effective exchange rates, U.S. dollar

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/297
Stock No:

1JOREA2010001
ISBN:

9781455208562
ISSN:

1934-7685

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