Jordan First Programmatic DPL

closed

Closed

The objective of the First Programmatic Development Policy Loan (DPL) Program for Jordan is to support key elements of Jordan's Executive Development Program, the country's medium-term development plan (2011-2013). The operation in the amount of US$250 million, which is the first in a programmatic series of two DPLs, aims to help enhance Jordan's capacity and performance in the area of governance, fiscal management, public sector efficiency and private sector-led growth. The challenge for Jordan is twofold. In the immediate, it is to start addressing the population's political and economic expectations while maintaining macroeconomic stability. Going forward, the challenge is to embed reforms in a medium-term macroeconomic framework that is credible enough to build the confidence needed for more robust, private sector-led recovery and job creation. This DPL is central to the new Country Partnership Strategy (CPS), presented concurrently to the Board with this DPL. The CPS overarching goal is to lay a foundation for sustainable growth and job creation through a three-pronged strategy: (i) strengthen fiscal management and increase accountability; (ii) strengthen the foundation for sustainable growth with a focus on competitiveness; and (iii) enhance inclusion through social protection and local development. Transparency, accountability and participation cut across these pillars. The DPL series supports directly the first two pillars of the new CPS. By supporting the reform efforts in two out of three CPS policy areas and directly addressing key governance issues, it will help implement the CPS and achieve its outcomes.

FY17 - Financial Sector,FY17 - Health,FY17 - Industry, Trade and Services,FY17 - Public Administration

World Bank Group

Project

Government