Jordan allocates USD35.15mn for entrepreneurial projects

04 Jul 2016

(MENAFN) Jordan discussed eight measures in order to address unemployment as a top priority challenge.

Furthermore, the procedures involve allocating USD 35.15mn for the Development and Employment Fund to extend loans to youth for entrepreneurial projects.

Additionally, it also allocated USD 28.12mn to be disbursed as loans and advances to social security pensioners and their widows at low interest.

Funds are supported to help improving employment and to coordinate the effort jointly, while firms bidding for government tenders will be granted more points.

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