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Jordan: Selected Issues

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  • International Monetary Fund

Abstract

The Selected Issues paper on Jordan analyzes the Jordanian dinar, which has historically operated within a fixed exchange rate regime. The deterioration in 2004 and 2005 reflected an exceptionally rapid increase in imports, as the saving-investment balance shifted. Following an improvement in 2006, the current account again deteriorated in 2007 from a negative impact of international food and fuel prices. Import developments have been the single most important determinant of swings in the current account, followed to a lesser extent by the impact of exports and grants.

Suggested Citation

  • International Monetary Fund, 2008. "Jordan: Selected Issues," IMF Staff Country Reports 2008/291, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/291
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