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Israel’s compliance with International Organization of Securities Commissions’ objectives and Principles of Securities Regulation has been assessed. The regulatory regime is well developed and in most respects is comparable with that of major jurisdictions. For the most part, it is...
Persistent link: https://www.econbiz.de/10011242660
This technical note assesses the reform of Spanish savings banks (SSBs). It provides a brief overview of the SSB institutional framework before the reform, and describes the main factors that led to the financial distress, albeit uneven, of the SSB sector. The note outlines major regulatory and...
Persistent link: https://www.econbiz.de/10011244106
The report contributes to efforts on strengthening expenditure control and cash flow management, and ensuring effective fiscal coordination and reporting in the context of the planned fiscal decentralization
Persistent link: https://www.econbiz.de/10015059803
EXECUTIVE SUMMARY Regional instability continues to affect Jordan. The conflict in Syria and shortfalls in gas flows … measures envisaged for 2014, aimed at improving equity. Energy sector reforms aim at diversifying Jordan’s energy sources …
Persistent link: https://www.econbiz.de/10014394430
Fiscal consolidation, additional reserve buildup, and higher growth are key program objectives for the Jordanian authorities. Despite the socially difficult elimination of the fuel subsidy, program performance was mixed. Initiatives to strengthen banking supervision and develop capital markets...
Persistent link: https://www.econbiz.de/10014395165
Jordan’s external vulnerabilities, arising mainly from the energy sector, increased during the last decade. Aided by …
Persistent link: https://www.econbiz.de/10014395473
This 2012 Article IV Consultation highlights that the pace of economic activity in Jordan remains subdued. Following a …. Jordan is also facing risks from a further deterioration in its terms of trade and unrest in neighboring countries. Executive …
Persistent link: https://www.econbiz.de/10014396555
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price … situation in Jordan is closely tied to that of other countries in the Middle East. From a policy perspective, macroeconomic and … structural policies in Jordan should be conducted in such a way that the vulnerability of the country to sudden stops or …
Persistent link: https://www.econbiz.de/10014396569
This paper focuses on Jordanâ??s 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement (SBA), Request for Waivers of Nonobservance of Performance Criterion (PC) and Applicability of PCs. The program is broadly on track and, looking forward, will focus on deep tax...
Persistent link: https://www.econbiz.de/10012678316
This paper presents background information on selected aspects of adjustment and growth strategy for Jordan. The paper …. It presents an overview of Jordan’s economic structure, policies, and developments, particularly since 1989, and provides … a setting for the issue-oriented discussions of other sections. Although highlighting Jordan’s recent success, it …
Persistent link: https://www.econbiz.de/10014397328