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

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Volume/Issue: Volume 2007 Issue 284
Publication date: August 2007
ISBN: 9781451820379
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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , 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

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Summary

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.

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