VOL. XXXII

NO. 33

22-MAY-1989

FINANCIAL AND BANKING NEWS

BUDGETS AND REVENUES

Jordanian Austerity Wins IMF Praise

Jordan's economic austerity policies, which were implemented in consultation with the International Monetary Fund (IMF) and caused widespreadrioting last month (MEES, 24 April), have won the praise of a senior IMFofficial, Dr. Shakur Sha'lan. Dr. Sha'lan, the head of the IMF's Middle EastDepartment, is best known for his controversial and fiercely critical commentson the economic...