Jordan: Selected Issues

International Monetary Fund

No 2012/120, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other countries in the Middle East. From a policy perspective, macroeconomic and structural policies in Jordan should be conducted in such a way that the vulnerability of the country to sudden stops or reversals of external income flows is reduced.

Keywords: ISCR; CR; Jordan; policy stance; investment; energy price subsidy; oil price booms; IMF staff estimate; physical capital accumulation; Jordan's ranking; Public investment spending; Capital accumulation; Energy subsidies; Reserve positions; Energy pricing; Global; Sub-Saharan Africa; Central Asia; Middle East and Central Asia; Middle East (search for similar items in EconPapers)
Pages: 32
Date: 2012-05-22
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