FINANCIAL NEWS

World Bank launches 5 priorities to support Jordan

13 Mar 2017

(MENAFN) The Word Bank has set out five priorities in order to support Jordan at a time when local developments, basically the war in Syria and in Iraq are reflecting its economy.

The priorities involve education, infrastructure and investments in this sector, governance, boosting government services and other sectors.

However, the conflict in the region affected trade exchange between Jordan and Iraq and Syria, while the fall in oil prices also negatively affected the volume of investment from Gulf nations.

In addition, the World Bank’s portfolio in Jordan reached USD750mn, involving USD300mn project that started last summer and extends for 5 years to enhance the business environment.

MENAFN1303201700450000ID1095309975

MENAFN1303201700450000ID1095309975

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