07097oam 22014774 450 991079114690332120200520144314.01-4983-2294-81-4983-9464-71-4983-6742-9(CKB)2550000001341520(EBL)1760072(SSID)ssj0001399041(PQKBManifestationID)11773312(PQKBTitleCode)TC0001399041(PQKBWorkID)11450292(PQKB)10197490(MiAaPQ)EBC1760072(Au-PeEL)EBL1760072(CaPaEBR)ebr10904732(CaONFJC)MIL634065(OCoLC)886114953(IMF)1JOREE2014001(IMF)1JOREA2014001(EXLCZ)99255000000134152020020129d2014 uf 0engur|n|---|||||txtccrJordan : Staff Report for the 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criterion and Applicability of Performance CriteriaWashington, D.C. :International Monetary Fund,2014.1 online resource (111 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4983-9513-9 1-322-02814-1 Cover; CONTENTS; BACKGROUND; A. Strong Headwinds; B. Program Implementation; POLICY DISCUSSION-SAFEGUARDING EXTERNAL STABILITY WHILE MANAGING RISKS; A. Policy Theme 1-Maintaining the Momentum on Fiscal Reforms; B. Policy Theme 2-Preserving Buffers and Financial Stability; C. Policy Theme 3-Inclusive Growth and Job Creation; PROGRAM ISSUES; A. Agreements; B. Modalities; STAFF APPRAISAL; FIGURES; 1. Real Sector and Financial Markets, 2011-14; 2. Monetary Sector Developments, 2011-14; BOXES; 1. Macroeconomic Impact of the Syria Crisis; 2. Exchange Rate Assessment; 3. Jordan's Interconnectedness4. Water Strategy5. Bank Offshore Exposures; 6. Impediments to Growth; 7. Credit to the Economy; 8. Risk Assessment Matrix; TABLES; 1. Selected Economic Indicators and Macroeconomic Outlook, 2012-19; 2a. Central Government: Summary of Fiscal Operations, 2012-19 (In millions of Jordanian dinars); 2b. Central Government: Summary of Fiscal Operations, 2012-19 (In percent of GDP); 2c. Central Government: Summary of Quarterly Fiscal Operations, 2013-15; 2d. NEPCO Operating Balance and Financing, 2012-17; 3. Summary Balance of Payments, 2012-19; 4a. Summary Monetary Survey, 2012-154b. Summary Accounts of the Central Bank of Jordan, 2012-155. Indicators of Bank Soundness, 2005-13; 6. Access and Phasing Under the Stand-by Arrangement; 7. Indicators of Fund Credit 2013-20; 8. Capacity to Repay Indicators, 2013-19; ANNEXES; I. Public Debt Sustainability Analysis; II. External Debt Sustainability Analysis; APPENDIX; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding (TMU); CONTENTS; FUND RELATIONS; WORLD BANK GROUP STRATEGY AND OPERATIONS; STATISTICAL ISSUESThis paper focuses on Jordan’s 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement (SBA), Request for Waivers of Nonobservance of Performance Criterion (PC) and Applicability of PCs. The program is broadly on track and, looking forward, will focus on deep tax reform. All end-2013 targets were met. The central government is expected to meet its end-March 2014 target, but the combined public sector deficit will be missed because of temporary shortfalls in gas delivery from Egypt. International reserves have continued to over-perform through March. The IMF staff supports the completion of the third and fourth reviews.IMF Staff Country Reports; Country Report ;No. 2014/152InvestmentsGovernment policyJordanInvestments, ForeignGovernment policyJordanInvestments, ForeignJordanBanks and BankingimfExports and ImportsimfFinance: GeneralimfMacroeconomicsimfPublic FinanceimfDebtimfDebt ManagementimfSovereign DebtimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfCurrent Account AdjustmentimfShort-term Capital MovementsimfInternational Lending and Debt ProblemsimfFiscal PolicyimfTaxation, Subsidies, and Revenue: GeneralimfPublic finance & taxationimfInternational economicsimfBankingimfFinanceimfFinancial services law & regulationimfPublic debtimfGovernment debt managementimfCurrent accountimfExternal debtimfRevenue administrationimfPublic financial management (PFM)imfBalance of paymentsimfDebts, PublicimfBanks and bankingimfDebts, ExternalimfFiscal policyimfRevenueimfJordanEconomic conditionsJordanEconomic policyJordanimfInvestmentsGovernment policyInvestments, ForeignGovernment policyInvestments, ForeignBanks and BankingExports and ImportsFinance: GeneralMacroeconomicsPublic FinanceDebtDebt ManagementSovereign DebtBanksDepository InstitutionsMicro Finance InstitutionsMortgagesCurrent Account AdjustmentShort-term Capital MovementsInternational Lending and Debt ProblemsFiscal PolicyTaxation, Subsidies, and Revenue: GeneralPublic finance & taxationInternational economicsBankingFinanceFinancial services law & regulationPublic debtGovernment debt managementCurrent accountExternal debtRevenue administrationPublic financial management (PFM)Balance of paymentsDebts, PublicBanks and bankingDebts, ExternalFiscal policyRevenue330.95695DcWaIMFBOOK9910791146903321Jordan684639UNINA