International Reserves in Jordan
Jordan - International ReservesWhile the economic recovery should have continued in Q3, it likely lost some steam, partly due to a gradually fading favorable base effect. Industrial output continued to expand in July–September, although on average it increased at the softer pace than in Q2. In addition, the unemployment rate remained near record-high levels in Q2, which should have continued to drag on consumer spending into the third quarter. Turning to Q4, on 18 November a staff-level agreement was reached with the IMF after the third review under the Extended Fund Facility. Lastly, parliament began to debate constitutional reforms on 22 November, aiming to modernize the country’s political system and overhaul the existing political parties and elections law. If passed, the legislation would pave the way for a prime minister to be elected, rather than hand-picked by the king.
Jordan - International Reserves Data
|International Reserves (USD)||15.2||14.0||13.5||12.7||13.3|
5 years of economic forecasts for more than 30 economic indicators.
Jordan International Reserves Chart
|Exchange Rate||0.71||0.0 %||Nov 30|
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