Jordan: Sixth Review Under the Stand-By Arrangement, Request for Waivers of Applicability of Performance Criteria, and Rephasing of Access

May 7, 2015

Preview Citation

Format: Chicago

Jordan: Sixth Review Under the Stand-By Arrangement, Request for Waivers of Applicability of Performance Criteria, and Rephasing of Access, (USA: International Monetary Fund, 2015) accessed November 25, 2024

Summary

This paper discusses Jordan’s Sixth Review Under the Stand-By Arrangement, Request for Waivers of Applicability of Performance Criteria (PC), and Rephasing of Access. PC Program performance remains broadly on course. All end-March 2015 PCs are expected to be met. Structural performance saw improvement, including the pre-approval of a credit bureau and the establishment of a new public investment framework. There is an urgent need for broad-based policy actions in the labor market to put the unemployed into jobs, increase female labor force participation, and reform public-sector compensation and hiring practices. The IMF staff supports the completion of the sixth review and the related purchase.

Subject: Balance of payments, Banking, Credit, Current account, Government debt management, Money, Oil prices, Prices, Public debt, Public financial management (PFM)

Keywords: Africa, CR, Credit, Current account, Europe, Executive board's discussion, Global, Government debt management, Hosting refugee, Indirect cost, ISCR, Labor market participation, Middle East, Oil price, Oil prices, Reform public sector hiring

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/115
Stock No:

1JOREA2015001
ISBN:

9781484367797
ISSN:

1934-7685

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