T-Bill Discount Rate v.s JODIBOR
Before 2013, Jordanian banks used the LIBOR as reference rate to adjust interest rates on their floating-rate loans. The Association of Banks in Jordan developed a local equivalent to LIBOR, the JODIBOR, and launched it in 2013. In February, 2015, the Central Bank of Jordan (CBJ) introduced the CBJ main rate whose changes were intended […]
Publishing the First Review Under the Extended Fund Facility Arrangement for Jordan
IMF published the First Review Under the Extended Fund Facility Arrangement and Request for a Waiver of Nonobservance and Modifications of Performance Criteria, and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Jordan on January 12, 2021.
The difference between the definitions of General and Central Governments
At the end of 2020, the Jordanian government decided to implement the definition of General Government instead of Central Government, and given the lack of consensus on a unified definition of general government, Middle East Financial Research Center (MEFRC) considered to present the most prominent definitions in this regard, which was issued in Government Finance […]
Publishing the Second Review Under the Extended Fund Facility Arrangement for Jordan
Publishing the Second Review Under the Extended Fund Facility Arrangement for Jordan IMF published the Second Review Under the Extended Fund Facility Arrangement and Request for Augmentation of Access, and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Jordan on August 24, 2021.
Publishing the Third Review Under the Extended Fund Facility Arrangement for Jordan
IMF published the third Review Under the Extended Fund Facility Arrangement and Request for Augmentation of Access, and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Jordan on January 06, 2022.
Publishing the Fourth Review Under the Extended Fund Facility Arrangement for Jordan
IMF published the fourth Review Under the Extended Fund Facility Arrangement and Request for Augmentation of Access, and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Jordan on July 18, 2022.
Publishing the World Economic Outlook (WEO) Report
The International Monetary Fund (IMF) has published The World Economic Outlook (WEO) report for October 2020. The World Economic Outlook (WEO) is a survey by the IMF staff published twice a year, in the spring and fall.
Notes on the draft budget for 2021
International monetary system and gold reserves: The new old story
International monetary system and gold reserves: The new old story The graph used countries’ gold reserves as declared as of the second half of 2021. Economists believe that Russia and China will declare much larger amounts of gold reserves in 2022 and warn that the aftermath of COVID-19 and the war in Ukraine will result […]
Publishing the Regional Economic Outlook for the Middle East and Central Asia Report
The International Monetary Fund (IMF) has published The Regional Economic Outlook for the Middle East and Central Asia report for October 2022. The Regional Economic Outlook for the Middle East and Central Asia is a survey by the IMF staff published twice a year, in the spring and fall.