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Saturday, October 16, 2021

The United States provides Jordan with $600 million

Today, Saturday, before the start of King Abdullah II’s official visit to Washington, the Jordanian Ministry of Planning and International Cooperation signed an agreement to transfer the first batch of the US grant for direct cash support to the treasury, amounting to 600 million dollars, to contribute to financing development projects and supporting economic recovery.

The first batch of the US cash grant for 2021, amounting to a total of $845 million, is part of the US economic assistance program for the Jordanian government for this year, according to the Jordan News Agency, quoting a Ministry of Planning statement.

The agreement was signed by Minister of Planning and International Cooperation Nasser Al-Shraideh, representing the Jordanian government, and the Director of the US Agency for International Development (USAID) Sherry Carlin.

Al-Shraideh explained that transferring the cash support grant to the treasury early to support priority development projects within the sectors of public finance, water, education, health, public works, housing, energy, mineral wealth, local administration, tourism, antiquities, and youth, which will contribute to reducing the general budget deficit and support the government’s plans to start economic recovery.

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