Jordan: 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 Criterion - Staff Report; Press Releases; and Statement by the Ex

Jordan is grappling with strong headwinds. It is facing a political transition even while the Syria crisis is stretching Jordan’s social fabrics. At the same time, gas inflows from Egypt continue to fluctuate, putting pressure on both the external and fiscal accounts.