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Country Partnership Framework for Hashemite Kingdom of Jordan for the Period FY17-FY22

TARIFFS ADVISORY SERVICES MONETARY POLICY FINANCIAL SERVICES UNEMPLOYMENT RATES GOVERNMENT EXPENDITURES CAPITAL FUNDS ECONOMIC GROWTH RENEWABLE RESOURCES DEVELOPMENT ASSISTANCE FACILITATION DEPOSITS PEOPLE ENVIRONMENTAL DEGRADATION WASTE MANAGEMENT PUBLIC-PRIVATE PARTNERSHIPS FINANCING DIRECT FINANCING MINIMUM WAGE DISPOSABLE INCOME REFRIGERATION PUBLIC INVESTMENTS GUARANTEES EXPECTATIONS EMPLOYMENT OPPORTUNITIES INSURANCE SERVICES ECONOMIC DEVELOPMENTS LABOR FORCE ENTREPRENEURS INEQUALITIES POLITICAL ECONOMY EXCLUSION REVENUES FISCAL POLICY COST OF SUBSIDIES INCENTIVES SUBSIDIZATION LOAN CROSS SUBSIDIZATION EQUILIBRIUM BORROWERS SUBSIDY LABOR FORCE PARTICIPATION CORRUPTION SUSTAINABLE DEVELOPMENT BANKRUPTCY INTERNATIONAL BANK CREDITOR AUDITS FINANCING FACILITY MICROFINANCE INSTITUTIONS FEMALE ENTREPRENEURS ECONOMIC ACTIVITY FINANCIAL TRANSFERS INTERNATIONAL FINANCE LABOR MARKET OIL PRICES SAVINGS FINANCIAL SUSTAINABILITY TECHNICAL ASSISTANCE START-UP FINANCIAL NEEDS OIL ACCESS TO SERVICE POPULATION GROWTH UNION CURRENT ACCOUNT FINANCES OPTIONS FINANCIAL INSTITUTIONS DEBT CAPITAL MARKET PRIVATE INVESTMENT RECEIPTS FINANCING NEEDS FINANCIAL PRODUCTS EDUCATION SYSTEM SOCIAL SECURITY VENTURE CAPITAL AQUIFERS LOANS ENTERPRISES NATURAL RESOURCES MICROFINANCE LENDING UNEQUAL ACCESS PRIVATE EQUITY SUBSIDIES REAL ESTATE CHILD CARE FINANCE EFFICIENCY SMALL ENTERPRISE PUBLIC INVESTMENT LABOR FORCE PARTICIPATION RATE OF WOMEN BROAD ACCESS TAXES ACCESS TO INFORMATION BANKS EFFECTIVE USE FISCAL DEFICIT EXPENDITURE RESOURCES BANK BORROWERS UNEMPLOYMENT GRANT EQUITY HUMAN CAPITAL LOAN GUARANTEE CAPITAL WAGES DISTORTED INCENTIVES CLIMATE CHANGE VALUES ELECTRICITY DEMAND COMPLIANCE COSTS EDUCATION LEVELS ACCESS TO FINANCE BUSINESS DEVELOPMENT ECONOMIC VALUE DEVELOPMENT BANKS GENDER BANK CREDIT DIVISION OF LABOR DEMAND EQUITY INVESTMENTS MINES INVESTMENT BANK SUSTAINABLE GROWTH HOUSEHOLD PRIVATE SECTOR FINANCING ELECTRICITY GENERATION EXPENDITURES ENTERPRISE REFUGEE DECISION MAKING JOB CREATION TRADE FACILITATION INSTITUTIONAL CAPACITY REFUGEES ENVIRONMENT DIVERSIFICATION AFFORDABLE HOUSING ENERGY EFFICIENCY ACCESS TO CREDIT MICROFINANCE ECONOMIC DEVELOPMENT TRADE ECONOMIC OPPORTUNITIES LAND SECURITY BANK LOANS INVESTMENT VENTURE CAPITAL FUNDS EXTREME POVERTY COMMERCIAL BANKS HOUSEHOLDS GENDER ASSESSMENT COMPARATIVE ADVANTAGE ACCESS TO SERVICES COLLATERAL FINANCIAL MARKETS TARIFF FINANCIAL CAPACITY COOPERATION FEMALE CLIENTS PRIVATE INVESTMENTS EARNINGS HIGH UNEMPLOYMENT RETURN ON INVESTMENT INVESTMENTS BORROWING LIVING CONDITIONS EXTERNAL FINANCING GUARANTEE AGENCY FEES WOMEN REMITTANCES ENVIRONMENTAL LABOR MARKETS PUBLIC GOOD PRICES GUARANTEE DEVELOPMENT BANK RISK MITIGATION START-UPS INEQUALITY TRANSACTIONS COST PUBLIC GOODS
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World Bank, Washington, DC
Middle East and North Africa | Jordan
2016-07-13T19:14:42Z | 2016-07-13T19:14:42Z | 2016-06-15

The Government of Jordan, the World Bank Group (WBG), and the international community are working towards a paradigm shift in their collective response to the refugee crisis - a holistic approach which stresses the continuum between the humanitarian response and the country’s development agenda. In parallel, Jordan’s implicit social contract by which the state provided citizens with jobs and heavily subsidized public services is evolving. strategic engagement, the WBG will adopt a two-pronged approach aimed at simultaneously addressing Jordan’s immediate needs in view of the fluid and worsening regional situation while keeping a medium and long-term development commitment built on reforming the economy to create the right environment for inclusive, job-creating growth. The first pillar of the Country Partnership Framework (CPF) aims to foster the conditions for stronger private-sector-led growth and better employment opportunities for all.The second pillar of the CPF aims to improve the quality and equity of service delivery, including through private sector solutions.The CPF will implement the new Middle East and North Africa (MENA) Strategy at the country level.The CPF aligns with the Government’s vision Jordan 2025, the Executive Development Plan 2016-2018 (EDP), and the Sustainable Development Goals (SDGs).The CPF’s principles of engagement will be selectivity, flexibility, adaptability and partnership. The outlook for 2016 forecasts growth at three percent on account of a growing mining and quarrying sector, some energy investments, and base effect of the tourism and construction sectors, although some downside risks have begun to materialize in early 2016.

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