VOL. XLII

No. 28

12-July-1999

JORDAN

CBJ Governor Reflects On PoliciesTo Steer Jordan Through Recession

Against the backdrop of Jordans new Extended FundFacility with the International Monetary Fund (IMF) and the countryswell-publicized attempts to reduce its external debt burden, including therescheduling of its debt with the Paris Club, the Central Bank of Jordan (CBJ)is pursuing credible and prudent policies aimed at keeping the Jordanian dinarstable, while at the same time endeavoring to...