Al Hashemi (since 11 August 1952)
Head of Government:
Prime Minister Zayd bin SHAKIR (since 21 November 1991)
Member of:
ABEDA, ACC, AFESD, AL, AMF, CAEU, CCC, ESCWA, FAO, G-77, IAEA, IBRD, ICAO,
ICC, IDA, IDB, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM
(observer), ISO (correspondent), ITU, LORCS, NAM, OIC, PCA, UN, UNAVEM II,
UNCTAD, UNESCO, UNIDO, UNOSOM, UNRWA, UNPROFOR, UPU, WFTU, WHO, WIPO, WMO,
WTO
Diplomatic representation in US:
chief of mission:
Ambassador Fayez A. TARAWNEH
chancery:
3504 International Drive NW, Washington, DC 20008
telephone:
(202) 966-2664
US diplomatic representation:
chief of mission:
Ambassador Roger Gram HARRISON
embassy:
Jebel Amman, Amman
mailing address:
P. O. Box 354, Amman, or APO AE 09892
telephone:
[962] (6) 644-371
Flag:
three equal horizontal bands of black (top), white, and green with a red
isosceles triangle based on the hoist side bearing a small white
seven-pointed star; the seven points on the star represent the seven
fundamental laws of the Koran
*Jordan, Economy
Overview:
Jordan benefited from increased Arab aid during the oil boom of the late
1970s and early 1980s, when its annual GNP growth averaged more than 10%. In
the remainder of the 1980s, however, reductions in both Arab aid and worker
remittances slowed economic growth to an average of roughly 2% per year.
Imports - mainly oil, capital goods, consumer durables, and food - have been
outstripping exports, with the difference covered by aid, remittances, and
borrowing. In mid-1989, the Jordanian Government began debt-rescheduling
negotiations and agreed to implement an IMF program designed to gradually
reduce the budget deficit and implement badly needed structural reforms. The
Persian Gulf crisis that began in August 1990, however, aggravated Jordan's
already serious economic problems, forcing the government to shelve the IMF
program, stop most debt payments, and suspend rescheduling negotiations. Aid
from Gulf Arab states and worker remittances have plunged, and refugees have
flooded the country, straining government resources. Economic recovery is
unlikely without substantial foreign aid, debt relief, and economic reform.
National product:
GDP - exchange rate conversion - $3.6 billion (1991 est.)
National product real growth rate:
3% (1991 est.)
National product per capita:
$1,100 (1991 est.)
Inflation ra
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