Jordan: Report on Observance of Standards and Codes—Fiscal Transparency Module

International Monetary Fund

No 2006/021, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines the Report on the Observance of Standards and Codes on Jordan’s fiscal transparency. Government activities are generally distinguished from those of public financial institutions, which carry out quasi-fiscal activities. Government holdings of fully owned corporations, and equity participations are moderate, but the management of state assets is not defined clearly, and the monitoring system is inadequate. Quasi-fiscal activities have been particularly prominent in the energy sector, related to the maintenance of fuel prices below world prices.

Keywords: ISCR; CR; budget document; final accounts; nontax revenue; entities holding; government development policy; government regulation; General government expenditure; government holding; power production company; Budget planning and preparation; Fiscal accounting and reporting; Contingent liabilities; Global (search for similar items in EconPapers)
Pages: 34
Date: 2006-01-18
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