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Jordan: Staff Report for the 2006 Article IV Consultation and Fourth Post-Program Monitoring Discussions
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2007: Issue 128
Language:
English
Publication Date:
26 Mar 2007
DOI:
https://doi.org/10.5089/9781451820362.002
ISBN:
9781451820362
ISSN:
1934-7685
Pages:
56
Keywords:
ISCR; CR; discussion; discussions informational annex; broad money; Jordanian dinar; debt burden; private sector; Jordan well; fund position; Current account deficits; Current spending; Middle East; East Asia; Central Asia
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This 2006 Article IV Consultation highlights that the Jordanian economy has performed remarkably well in recent years, mainly owing to far-reaching macroeconomic and structural reforms. Despite negative shocks, growth has been robust, inflation has remained low, public debt has continued to fall, and reserves have reached an all-time high. Economic performance remained strong in 2006. Growth is estimated at 6 percent for the year, reflecting buoyant domestic demand, in part financed by large private capital inflows. Average inflation was 6.3 percent, stemming mainly from fuel and imported food price increases.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund