Abstract
JORDAN
Title Page
JORDAN
STAFF REPORT FOR THE 2022 ARTICLE IV CONSULTATION AND FOURTH REVIEW UNDER THE EXTENDED ARRANGEMENT UNDER THE EXTENDED FUND FACILITY, REQUEST FOR AUGMENTATION AND REPHASING OF ACCESS, AND MODIFICATION OF PERFORMANCE CRITERIA—INFORMATIONAL ANNEX
June 14, 2022
Prepared By
The Middle East and Central Asia Department (In consultation with other departments)
Contents
FUND RELATIONS
RELATIONS WITH OTHER INTERNATIONAL INSTITUTIONS
STATISTICAL ISSUES
Fund Relations
(As of May 31, 2022)
Membership Status: Joined August 29, 1952; Article VIII
General Resources Account:
| SDR Million | Percent Quota | |
| Quota | 343.10 | 100.00 |
| IMF’s Holdings of Currency (Holdings Rate) | 1429.93 | 416.77 |
| Reserve Tranche Position | 0.83 | 0.24 |
| SDR Million | Percent Quota | |
| Quota | 343.10 | 100.00 |
| IMF’s Holdings of Currency (Holdings Rate) | 1429.93 | 416.77 |
| Reserve Tranche Position | 0.83 | 0.24 |
SDR Department:
| SDR Million | Percent Allocation | |
| Net cumulative allocation | 490.92 | 100.00 |
| Holdings | 10.30 | 2.10 |
| SDR Million | Percent Allocation | |
| Net cumulative allocation | 490.92 | 100.00 |
| Holdings | 10.30 | 2.10 |
Outstanding Purchases and Loans:
| SDR Million | Percent Quota | |
| Stand-By Arrangements | 291.55 | 84.98 |
| Extended Fund Facility | 795.99 | 232.00 |
| SDR Million | Percent Quota | |
| Stand-By Arrangements | 291.55 | 84.98 |
| Extended Fund Facility | 795.99 | 232.00 |
Latest Financial Arrangements:
| Type | Date of Arrangement | Expiration Date | Amount Approved (SDR Million) | Amount Drawn (SDR Million) |
| EFF | 3/25/20 | 3/24/24 | 1070.47 | 590.13 |
| EFF | 8/24/16 | 3/23/20 | 514.65 | 223.02 |
| SBA | 8/03/12 | 8/02/15 | 1364.00 | 1364.00 |
| Type | Date of Arrangement | Expiration Date | Amount Approved (SDR Million) | Amount Drawn (SDR Million) |
| EFF | 3/25/20 | 3/24/24 | 1070.47 | 590.13 |
| EFF | 8/24/16 | 3/23/20 | 514.65 | 223.02 |
| SBA | 8/03/12 | 8/02/15 | 1364.00 | 1364.00 |
Overdue Obligations and Projected Payments to Fund1
(SDR million; based on existing use of resources and present holdings of SDRs)
| Forthcoming | |||||
| 2022 | 2023 | 2024 | 2025 | 2026 | |
| Principal | 12.87 | 100.05 | 191.52 | 156.38 | 135.52 |
| Charges/interest | 14.74 | 28.73 | 23.99 | 16.88 | 12.83 |
| Total | 27.61 | 128.78 | 215.52 | 173.25 | 148.35 |
| Forthcoming | |||||
| 2022 | 2023 | 2024 | 2025 | 2026 | |
| Principal | 12.87 | 100.05 | 191.52 | 156.38 | 135.52 |
| Charges/interest | 14.74 | 28.73 | 23.99 | 16.88 | 12.83 |
| Total | 27.61 | 128.78 | 215.52 | 173.25 | 148.35 |
Safeguards Assessment: Under the Fund’s safeguards assessment policy, the CBJ was subject to an assessment with respect to the Extended Arrangement under Extended Fund Facility (EFF), which was approved by the Executive Board on March 25, 2020. The assessment, completed in July 2020, found that the central bank continues to strengthen its safeguards framework. The assessment made a number of recommendations, which have been mostly implemented.
Exchange System: The Jordanian dinar is fully convertible and is officially pegged to the SDR. In practice, the dinar has been pegged to the U.S. dollar since October 1995 at JD 1 = $1.41044. Jordan accepted the obligations of Article VIII, Sections 2, 3, and 4 in 1995 and maintains an exchange system free of restrictions on payments and transfers for current international transactions.
Last Article IV Consultation: The 2020 Article IV consultation was concluded by the Executive Board on April 10, 2020. The Staff Report and Executive Board Assessment can be found in IMF Country Report 20/146 at: https://www.imf.org/en/Publications/CR/Issues/2020/04/10/Jordan-2020-Article-IV-Consultation-and-Request-for-an-Extended-Arrangement-under-the-49324
Financial Sector Assessment Program (FSAP): An FSAP assessment is currently underway for Jordan and the corresponding report is tentatively scheduled to be presented to the Executive Board in February 2023. The previous FSAP assessment was conducted in 2008, and the report presented to the Executive Board at the time of the 2008 Article IV consultation (SM/09/104).
Technical Assistance (TA): Extensive technical assistance has been provided to Jordan over recent years (see attached table).
Documents:
| Standards or Codes Assessed | Date of Issuance |
| Data module | 10/8/2002 |
| Update to data module | 1/30/2004 |
| Fiscal transparency module | 1/9/2006 |
| FSSA | 1/7/2004 |
| Standards or Codes Assessed | Date of Issuance |
| Data module | 10/8/2002 |
| Update to data module | 1/30/2004 |
| Fiscal transparency module | 1/9/2006 |
| FSSA | 1/7/2004 |
Jordan: Technical Assistance, 2013–22
Jordan: Technical Assistance, 2013–22
| Date | Purpose |
| Fiscal | |
| January 2013 | Public Financial Management |
| April 2013 | Strengthen Risk-Based Audit |
| May 2013 | Tax Administration Reform Agenda |
| May 2013 | Public Financial Management |
| July 2013 | A Review of the New Income Tax and Other Issues in Revenue Mobilization |
| August 2013 | Advancing the Tax Administration Reform Agenda |
| September 2013 | Commitment Control System |
| November 2013 | Follow-Up on Arrears |
| February 2014 | VAT Compliance and Refund Management |
| December 2014 | Budget Preparation and Execution |
| December 2015 | Tax Administration Diagnostic Assessment Tool |
| Jan./February 2016 | Public Financial Management: Trust Accounts |
| August 2016 | Broaden Indirect Tax Base and Simplify Customs Tariff Structure |
| December 2016 | Public Financial Management: Trust Accounts |
| March 2017 | Public Financial Management: Trust Accounts Follow-Up Visit |
| April/May 2017 | Public Financial Management: Public Investment Management |
| March 2018 | Expenditure Review and Rationalization |
| April 2018 | Strengthening Central Oversight for SOEs and PPPs |
| April 2018 | Compliance Risk Management |
| May 2019 | Strengthening Tax Administration Performance |
| September 2019 | Developing the Tax Audit Process |
| September 2019 | Developing an Independent and Effective Tax Dispute Resolution Process |
| January 2020 | Tax and Customs Administration Diagnostic |
| January 2020 | Revenue Administration Gap Analysis |
| February 2020 | Electricity and Water Subsidies |
| September 2020 | Tax Dispute Resolution Process |
| October 2020 | Preferential Tax Regimes |
| December 2020 | Compliance Improvement Plans |
| March 2021 | Compliance Improvement Plans |
| April 2021 | Debt Portfolio Cost and Risk Management |
| June 2021 | Tax Dispute Resolution Process |
| September 2021 | Tax Expenditure Analysis |
| October 2021 | Legislative Reform Implementation in Tax Administration |
| December 2021 | Improving Cash Management |
| February 2022 | Compliance Improvement Plan Implementation |
| February 2022 | IT Modernization |
| Monetary and Financial | |
| January 2013 | Implementation of Basel III and Enhancing Supervisory Practices |
| June 2014 | Risk Management |
| August 2014 | Developing and Implementing Early Warning System for the Banking |
| April 2015 | Basel III Liquidity |
| October 2015 | Insurance Supervision |
| March 2016 | Stress Testing |
| May 2016 | Insurance Regulation and Supervision |
| August 2016 | Stress Testing |
| March 2021 | Forecasting Framework for Currency in Circulation |
| June 2021 | Developing a Forecasting and Policy Analysis System |
| September 2021 | Developing a Forecasting and Policy Analysis System |
| November 2021 | Central Bank Digital Currency Seminar |
| February 2022 | Developing a Forecasting and Policy Analysis System |
| March 2022 | Central Bank Digital Currency Exploration |
| Statistical | |
| January 2013 | Price Statistics |
| May 2013 | National Accounts |
| November 2013 | National Accounts |
| April 2014 | External Debt Statistics |
| December 2014 | National Accounts |
| April 2015 | Balance of Payments Statistics |
| January 2016 | National Accounts |
| July 2016 | National Accounts Statistics |
| October/November 2016 | National Accounts Statistics |
| July 2017 | National Accounts Statistics |
| November 2017 | National Accounts Statistics |
| June 2018 | Monetary and Financial Statistics |
| February 2019 | High-Frequency Indicators |
| February 2019 | National Accounts Statistics |
| April 2019 | Financial Soundness Indicators |
| July 2019 | Compilation of the 2016 Supply and Use Tables |
| August 2019 | Consumer Price Index |
| September 2019 | External Sector Statistics |
| October 2019 | Supply and Use Tables |
| August 2020 | Macroeconomic and Financial Statistics |
| January 2021 | Macroeconomic and Financial Statistics |
| May 2021 | Compilation Methods for Annual National Accounts |
| October 2021 | Annual National Accounts Statistics |
| November 2021 | Annual National Accounts Statistics |
| February 2022 | Producer Price Index |
| March 2022 | National Accounts Statistics |
| Legal | |
| February 2015 | AML/CFT Scoping Mission |
| February 2015–July 2017 | Legislation, AML/CFT Supervision, and FIU |
| September 2020 | AML/CFT |
| June 2021 | AML/CFT TTF III ICRG issues |
| September 2021 | AML/CFT TTF III ICRG issues |
Jordan: Technical Assistance, 2013–22
| Date | Purpose |
| Fiscal | |
| January 2013 | Public Financial Management |
| April 2013 | Strengthen Risk-Based Audit |
| May 2013 | Tax Administration Reform Agenda |
| May 2013 | Public Financial Management |
| July 2013 | A Review of the New Income Tax and Other Issues in Revenue Mobilization |
| August 2013 | Advancing the Tax Administration Reform Agenda |
| September 2013 | Commitment Control System |
| November 2013 | Follow-Up on Arrears |
| February 2014 | VAT Compliance and Refund Management |
| December 2014 | Budget Preparation and Execution |
| December 2015 | Tax Administration Diagnostic Assessment Tool |
| Jan./February 2016 | Public Financial Management: Trust Accounts |
| August 2016 | Broaden Indirect Tax Base and Simplify Customs Tariff Structure |
| December 2016 | Public Financial Management: Trust Accounts |
| March 2017 | Public Financial Management: Trust Accounts Follow-Up Visit |
| April/May 2017 | Public Financial Management: Public Investment Management |
| March 2018 | Expenditure Review and Rationalization |
| April 2018 | Strengthening Central Oversight for SOEs and PPPs |
| April 2018 | Compliance Risk Management |
| May 2019 | Strengthening Tax Administration Performance |
| September 2019 | Developing the Tax Audit Process |
| September 2019 | Developing an Independent and Effective Tax Dispute Resolution Process |
| January 2020 | Tax and Customs Administration Diagnostic |
| January 2020 | Revenue Administration Gap Analysis |
| February 2020 | Electricity and Water Subsidies |
| September 2020 | Tax Dispute Resolution Process |
| October 2020 | Preferential Tax Regimes |
| December 2020 | Compliance Improvement Plans |
| March 2021 | Compliance Improvement Plans |
| April 2021 | Debt Portfolio Cost and Risk Management |
| June 2021 | Tax Dispute Resolution Process |
| September 2021 | Tax Expenditure Analysis |
| October 2021 | Legislative Reform Implementation in Tax Administration |
| December 2021 | Improving Cash Management |
| February 2022 | Compliance Improvement Plan Implementation |
| February 2022 | IT Modernization |
| Monetary and Financial | |
| January 2013 | Implementation of Basel III and Enhancing Supervisory Practices |
| June 2014 | Risk Management |
| August 2014 | Developing and Implementing Early Warning System for the Banking |
| April 2015 | Basel III Liquidity |
| October 2015 | Insurance Supervision |
| March 2016 | Stress Testing |
| May 2016 | Insurance Regulation and Supervision |
| August 2016 | Stress Testing |
| March 2021 | Forecasting Framework for Currency in Circulation |
| June 2021 | Developing a Forecasting and Policy Analysis System |
| September 2021 | Developing a Forecasting and Policy Analysis System |
| November 2021 | Central Bank Digital Currency Seminar |
| February 2022 | Developing a Forecasting and Policy Analysis System |
| March 2022 | Central Bank Digital Currency Exploration |
| Statistical | |
| January 2013 | Price Statistics |
| May 2013 | National Accounts |
| November 2013 | National Accounts |
| April 2014 | External Debt Statistics |
| December 2014 | National Accounts |
| April 2015 | Balance of Payments Statistics |
| January 2016 | National Accounts |
| July 2016 | National Accounts Statistics |
| October/November 2016 | National Accounts Statistics |
| July 2017 | National Accounts Statistics |
| November 2017 | National Accounts Statistics |
| June 2018 | Monetary and Financial Statistics |
| February 2019 | High-Frequency Indicators |
| February 2019 | National Accounts Statistics |
| April 2019 | Financial Soundness Indicators |
| July 2019 | Compilation of the 2016 Supply and Use Tables |
| August 2019 | Consumer Price Index |
| September 2019 | External Sector Statistics |
| October 2019 | Supply and Use Tables |
| August 2020 | Macroeconomic and Financial Statistics |
| January 2021 | Macroeconomic and Financial Statistics |
| May 2021 | Compilation Methods for Annual National Accounts |
| October 2021 | Annual National Accounts Statistics |
| November 2021 | Annual National Accounts Statistics |
| February 2022 | Producer Price Index |
| March 2022 | National Accounts Statistics |
| Legal | |
| February 2015 | AML/CFT Scoping Mission |
| February 2015–July 2017 | Legislation, AML/CFT Supervision, and FIU |
| September 2020 | AML/CFT |
| June 2021 | AML/CFT TTF III ICRG issues |
| September 2021 | AML/CFT TTF III ICRG issues |
Relations with Other International Institutions
World Bank: https://www.worldbank.org/en/country/jordan
European Bank for Reconstruction and Development: https://www.ebrd.com/jordan.html
Statistical Issues
(As of June 7, 2022)
| I. Assessment of Data Adequacy for Surveillance | |
| General: Data provision is adequate for surveillance. | |
| National Accounts: Annual GDP estimates have not been compiled since 2016 as a result of poor-quality annual source data surveys. The Department of Statistics (DOS) is working to improve the source data and develop annual GDP estimates with the support of METAC and The Economic and Social Commission for Western Asia (UNESCWA). While DOS produces quarterly estimates of GDP by production, the reliability of these estimates is hindered by the lack of comprehensive annual benchmarks. | |
| Price statistics: An urban-only CPI, based on 12 geographic areas covering all Jordan, is compiled and released every month. Compilation is not aligned with the COICOP classification. The weight reference period is 2018, based on the results of the Household Income and Expenditure Survey. A monthly producer price index (PPI) is disseminated on a timely basis. The 2010 weight reference period for the PPI is outdated, and work is underway to update it to 2020. | |
| Government finance: The authorities have initiated work to present consolidated general government data, including a financial balance sheet in accordance with the classification and sectorization systems recommended by the GFSM 2014. | |
Monetary and financial statistics: Jordan reports the monetary and financial statistics of the central bank and other deposit takers based on the standardized report forms, conforming with the IMF’s methodology, and published in the International Financial Statistics. Given the importance of the other financial sector in the financial system, the next step will be to expand the coverage of MFS data. The CBJ reports data on several series indicators of the Financial Access Survey (FAS) including the two indicators (commercial bank branches per 100,000 adults and ATMs per 100,000 adults) adopted by the UN to monitor Target 8.10 of the Sustainable Development Goals (SDGs). Financial sector surveillance: Following a 2019 technical assistance mission on financial soundness indicators (FSIs), the CBJ initiated the compilation of FSIs, but timeliness of data needs further improvement. |
|
| External sector statistics: The CBJ disseminates quarterly balance of payments and International Investment Position statistics in line with BPM6. With remittances being an important source of foreign exchange inflows and outflows in the balance of payments, the CBJ is working on designing a revamped method to collect personal transfers series, including data collected by money transfers operators and the International Transactions Reporting System. It is expected that capturing better remittances inflows and outflows will contribute to reducing the high level of errors and omission. The implementation of a survey on foreign direct investments and related financial transactions and stock positions will further improve the quality of the balance of payments statistics. On the latter, the CBJ plans to implement a Foreign Investment Survey in 2022. | |
| II. Data Standards and Quality | |
| Jordan subscribes to the Fund’s Special Data Dissemination Standard (SDDS) since January 2010. The country uses an SDDS flexibility option on the periodicity and timeliness of the labor market wages/earnings data. | Data ROSC update was published in February 2004. |
| I. Assessment of Data Adequacy for Surveillance | |
| General: Data provision is adequate for surveillance. | |
| National Accounts: Annual GDP estimates have not been compiled since 2016 as a result of poor-quality annual source data surveys. The Department of Statistics (DOS) is working to improve the source data and develop annual GDP estimates with the support of METAC and The Economic and Social Commission for Western Asia (UNESCWA). While DOS produces quarterly estimates of GDP by production, the reliability of these estimates is hindered by the lack of comprehensive annual benchmarks. | |
| Price statistics: An urban-only CPI, based on 12 geographic areas covering all Jordan, is compiled and released every month. Compilation is not aligned with the COICOP classification. The weight reference period is 2018, based on the results of the Household Income and Expenditure Survey. A monthly producer price index (PPI) is disseminated on a timely basis. The 2010 weight reference period for the PPI is outdated, and work is underway to update it to 2020. | |
| Government finance: The authorities have initiated work to present consolidated general government data, including a financial balance sheet in accordance with the classification and sectorization systems recommended by the GFSM 2014. | |
Monetary and financial statistics: Jordan reports the monetary and financial statistics of the central bank and other deposit takers based on the standardized report forms, conforming with the IMF’s methodology, and published in the International Financial Statistics. Given the importance of the other financial sector in the financial system, the next step will be to expand the coverage of MFS data. The CBJ reports data on several series indicators of the Financial Access Survey (FAS) including the two indicators (commercial bank branches per 100,000 adults and ATMs per 100,000 adults) adopted by the UN to monitor Target 8.10 of the Sustainable Development Goals (SDGs). Financial sector surveillance: Following a 2019 technical assistance mission on financial soundness indicators (FSIs), the CBJ initiated the compilation of FSIs, but timeliness of data needs further improvement. |
|
| External sector statistics: The CBJ disseminates quarterly balance of payments and International Investment Position statistics in line with BPM6. With remittances being an important source of foreign exchange inflows and outflows in the balance of payments, the CBJ is working on designing a revamped method to collect personal transfers series, including data collected by money transfers operators and the International Transactions Reporting System. It is expected that capturing better remittances inflows and outflows will contribute to reducing the high level of errors and omission. The implementation of a survey on foreign direct investments and related financial transactions and stock positions will further improve the quality of the balance of payments statistics. On the latter, the CBJ plans to implement a Foreign Investment Survey in 2022. | |
| II. Data Standards and Quality | |
| Jordan subscribes to the Fund’s Special Data Dissemination Standard (SDDS) since January 2010. The country uses an SDDS flexibility option on the periodicity and timeliness of the labor market wages/earnings data. | Data ROSC update was published in February 2004. |
Jordan: Table of Common Indicators Required for Surveillance
(As of June 7, 2022)
Any reserve assets that are pledged or otherwise encumbered should be specified separately. Also, data should comprise short-term liabilities linked to a foreign currency but settled by other means as well as the notional values of financial derivatives to pay and to receive foreign currency, including those linked to a foreign currency but settled by other means.
Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Includes external gross financial asset and liability positions vis-à-vis nonresidents.
Daily (D); weekly (W); monthly (M); quarterly (Q); annually (A); irregular (I); not available (NA).
Reflects the assessment provided in the substantive update of the data ROSC published in February 2004 for the dataset corresponding to the variable in each row. The assessment indicates whether international standards concerning (respectively) concepts and definitions, scope, classification/sectorization, and basis for recording are fully observed (O), largely observed (LO), largely not observed (LNO), not observed (NO), or not available (NA).
Same as footnote 8, except referring to international standards concerning (respectively) source data, statistical techniques, assessment and validation of source data, assessment and validation of intermediate data and statistical outputs, and revision studies.
Jordan: Table of Common Indicators Required for Surveillance
(As of June 7, 2022)
| Date of Latest Observation | Date Received | Frequency of Data 7/ | Frequency of Reporting 7/ | Timeliness of Reporting 7/ | Memo Items: | ||
| Data quality— methodological soundness 8/ | Data quality— accuracy and reliability 9/ | ||||||
| Exchange rates | D | D | 1D | ||||
| International reserve assets and reserve liabilities of the monetary authorities 1/ | April 2022 | May 2022 | M | M | 1W | ||
| Reserve/base money | April 2022 | May 2022 | M | M | 1M | O, O, LO, LO | O, LO, O, O, LO |
| Broad money | April 2022 | May 2022 | M | M | 1M | ||
| Central bank balance sheet | April 2022 | May 2022 | M | M | 2W | ||
| Consolidated balance sheet of the banking system | April 2022 | May 2022 | M | M | 1M | ||
| Interest rates 2/ | D | D | 1D | ||||
| Consumer price index | April 2022 | May 2022 | M | M | 1M | O, LO, O, O | O, LO, O, O, O |
| Revenue, expenditure, balance and composition of financing 3/—general government 4/ | 2020 | June 2021 | A | A | 6M | O, LO, LNO, O | O, O, O, O, NA |
| Revenue, expenditure, balance and composition of financing 3/—central government | April 2022 | May 2022 | M | M | 1M | ||
| Stocks of central government and central government-guaranteed debt 5/ | April 2022 | May 2022 | M | M | 1M | ||
| External current account balance | Q4/2021 | March 2022 | Q | Q | 1Q | LNO, LNO, LNO, LO | LNO, LO, LO, LO, LO |
| Exports and imports of goods and services | March 2022 | May 2022 | M | M | 8W | ||
| GDP/GNP | Q4/2021 | March 2022 | Q | Q | 1Q | O, LO, O, O | O, LO, O, LO, LO |
| Gross external debt | Q4/2021 | March 2022 | M | M | 1M | ||
| International Investment Position 6/ | Q4/2021 | March 2022 | Q | Q | Q | ||
Any reserve assets that are pledged or otherwise encumbered should be specified separately. Also, data should comprise short-term liabilities linked to a foreign currency but settled by other means as well as the notional values of financial derivatives to pay and to receive foreign currency, including those linked to a foreign currency but settled by other means.
Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Includes external gross financial asset and liability positions vis-à-vis nonresidents.
Daily (D); weekly (W); monthly (M); quarterly (Q); annually (A); irregular (I); not available (NA).
Reflects the assessment provided in the substantive update of the data ROSC published in February 2004 for the dataset corresponding to the variable in each row. The assessment indicates whether international standards concerning (respectively) concepts and definitions, scope, classification/sectorization, and basis for recording are fully observed (O), largely observed (LO), largely not observed (LNO), not observed (NO), or not available (NA).
Same as footnote 8, except referring to international standards concerning (respectively) source data, statistical techniques, assessment and validation of source data, assessment and validation of intermediate data and statistical outputs, and revision studies.
Jordan: Table of Common Indicators Required for Surveillance
(As of June 7, 2022)
| Date of Latest Observation | Date Received | Frequency of Data 7/ | Frequency of Reporting 7/ | Timeliness of Reporting 7/ | Memo Items: | ||
| Data quality— methodological soundness 8/ | Data quality— accuracy and reliability 9/ | ||||||
| Exchange rates | D | D | 1D | ||||
| International reserve assets and reserve liabilities of the monetary authorities 1/ | April 2022 | May 2022 | M | M | 1W | ||
| Reserve/base money | April 2022 | May 2022 | M | M | 1M | O, O, LO, LO | O, LO, O, O, LO |
| Broad money | April 2022 | May 2022 | M | M | 1M | ||
| Central bank balance sheet | April 2022 | May 2022 | M | M | 2W | ||
| Consolidated balance sheet of the banking system | April 2022 | May 2022 | M | M | 1M | ||
| Interest rates 2/ | D | D | 1D | ||||
| Consumer price index | April 2022 | May 2022 | M | M | 1M | O, LO, O, O | O, LO, O, O, O |
| Revenue, expenditure, balance and composition of financing 3/—general government 4/ | 2020 | June 2021 | A | A | 6M | O, LO, LNO, O | O, O, O, O, NA |
| Revenue, expenditure, balance and composition of financing 3/—central government | April 2022 | May 2022 | M | M | 1M | ||
| Stocks of central government and central government-guaranteed debt 5/ | April 2022 | May 2022 | M | M | 1M | ||
| External current account balance | Q4/2021 | March 2022 | Q | Q | 1Q | LNO, LNO, LNO, LO | LNO, LO, LO, LO, LO |
| Exports and imports of goods and services | March 2022 | May 2022 | M | M | 8W | ||
| GDP/GNP | Q4/2021 | March 2022 | Q | Q | 1Q | O, LO, O, O | O, LO, O, LO, LO |
| Gross external debt | Q4/2021 | March 2022 | M | M | 1M | ||
| International Investment Position 6/ | Q4/2021 | March 2022 | Q | Q | Q | ||
Any reserve assets that are pledged or otherwise encumbered should be specified separately. Also, data should comprise short-term liabilities linked to a foreign currency but settled by other means as well as the notional values of financial derivatives to pay and to receive foreign currency, including those linked to a foreign currency but settled by other means.
Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Includes external gross financial asset and liability positions vis-à-vis nonresidents.
Daily (D); weekly (W); monthly (M); quarterly (Q); annually (A); irregular (I); not available (NA).
Reflects the assessment provided in the substantive update of the data ROSC published in February 2004 for the dataset corresponding to the variable in each row. The assessment indicates whether international standards concerning (respectively) concepts and definitions, scope, classification/sectorization, and basis for recording are fully observed (O), largely observed (LO), largely not observed (LNO), not observed (NO), or not available (NA).
Same as footnote 8, except referring to international standards concerning (respectively) source data, statistical techniques, assessment and validation of source data, assessment and validation of intermediate data and statistical outputs, and revision studies.
When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section.