VOL. XLVII

No 19

10-May-2004

JORDAN

BUDGETS AND REVENUES

Jordanian Economy Recovering From Iraq War Disruption, Says IMF

Recent developments indicate that the Jordanian economy is recovering from the disruptions caused by the 2003 war in neighboring Iraq, the IMF has said following the conclusion of Article IV consultations in April. While real GDP growth slowed to 3% in the first nine months of 2003 due to the disruption of exports to Iraq and the negative effects of the conflict on tourism and...