The official currency is the Jordanian dinar, which is pegged to the IMF's special drawing rights (SDRs), equivalent to an exchange rate of  0.709 dinar, or approximately  1.41044 dollars. In 2000, Jordan joined the World Trade Organization and signed the Jordan–United States Free Trade Agreement, thus becoming the first Arab country to establish a free trade agreement with the United States. Jordan enjoys advanced status with the EU, which has facilitated greater access to export to European markets. Due to slow domestic growth, high energy and food subsidies and a bloated public-sector workforce, Jordan usually runs annual budget deficits.View of a part of the capital Amman