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Jordan’s total aid from U.S. hits USD1.3bn this year

11 May 2017

(MENAFN) Prime Minister emphasized the effects of the local instability resulting from the Syrian crisis, particularly the hosting of 1.3mn Syrians, which has made notable strain to the kingdom’s resources and budget.

Furthermore, the government’s economic plan for the coming five years aims to stimulate growth in vital fields and reduce the public debt.

Additionally, the energy sector played a major role in the mounting debt, as the nation has depended on heavy fuel oil to produce elect, rather than natural gas.

Meanwhile, the minister emphasized efforts under way, in co-op with the IMF in order to transform challenges into chances amid keeping macroeconomic and financial stability.

MENAFN1105201700450000ID1095469709

MENAFN1105201700450000ID1095469709

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