FINANCIAL NEWS

Jordan’s foreign loans reach USD1.458bn

01 Nov 2016

(MENAFN) The whole value of financial assistance donors pledged to Jordan since the beginning of this year reached USD1.458bn.

Accordingly, the Kuwaiti Fund for Arab Economic Development pledged USD40mn to offer financing to the Jordan Response Plan (2016-2018) for road building.

On the other hand, the USAID offered USD470mn in the form of cash transfer grant and another USD316.8mn to help economic development.

Meanwhile, Japan pledged an amount of USD16.4mn to supply equipment and machinery to the Water Authority to be used in Syrian refugee-host communities.

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