Jordan: Fifth Post-Program Monitoring Discussions: Staff Report; and Press Release on the Executive Board Consideration

International Monetary Fund

No 2007/284, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper focuses on the Fifth Post-Program Monitoring Discussions with Jordan. Jordan’s economic performance remains strong. Growth is robust, core inflation is contained, the current account deficit is narrowing, reserves are comfortable, and the fiscal situation continues to improve. The Fifth Post-Program Monitoring Discussions focused on a large current account deficit, still high public debt, and rapid credit growth. The authorities consider the outlook for the Jordanian economy as strong, including on growth, inflation, and the current account.

Keywords: ISCR; CR; Fifth Post-Program Monitoring Discussions; monitoring; fund; fund-supported program; Jordan; lapse-of-time basis; Jordanian dinar; fund position; CBJ authorities; core inflation; expansion warrant; Government finance statistics; Current account deficits; Monetary base; Middle East (search for similar items in EconPapers)
Pages: 44
Date: 2007-08-10
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