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FINANCIAL NEWS
EU to offer USD222m loans to Jordan
06 Nov 2016
(MENAFN) The European Union confirmed a decision to provide USD222mn loans to Jordan.
Additionally, the loans will be spent in two installments in order to support Jordan’s economic stabilization.
Moreover, the loan will be available for two and a half years and have a maximum average maturity of 15 years.
Accordingly, a memorandum of understanding (MOU) would be inked by Jordan and the EU Commission.
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