Financial and Banking News
BUDGETS AND REVENUES
Jordan Bites the IMF Bullet as Riots Break Out
Following the pattern set by other developing countries facing debt repaymentdifficulties, an outbreak of antigovernment rioting hit towns and villages inthe southern and eastern districts of the country last week after Jordanintroduced a set of price and tax increases in order to qualify for support fromthe International Monetary Fund (IMF).
The IMF's negotiating team in...