Foreign aid to Jordan hits $1 bln since Jan 2015

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Foreign aid to Jordan hits $1 bln since Jan 2015

Foreign aid to Jordan hits $1 bln since Jan 2015

(Amman) – Total foreign aid to Jordan since the beginning of 2015 amounted to $1 billion, according to planning ministry figures.
The ministry said that the external grants from donor nations reached $632.64 million, while the soft loans directed to support the general budget amounted to $364.84 million and the government-guaranteed soft loans totaled $72.4 million.
The Saudi Fund for Development along with the Abu Dhabi Fund for Development were the largest donors, as their aid totaled $256.1million, Jordan News Agency, Petra, said, citing the ministry’s report.
The United States supplied Jordan with a wheat grant worth $25.1 million, while Japan provided $17.6 million as medical equipment to the health ministry, the figures revealed.
According to the statistics, the EU grants totaled $66 million and the German Bank for Reconstruction provided $22.4 million.
Moreover, the soft loans directed to support the Kingdom’s general budget reached $196 million and was provided by Japan while the government-guaranteed loans totaled $72.4million was provided by the European Bank for Reconstruction and Development, the figures showed.
The ministry also pointed out that the European Investment Bank and the United Nations Development Programme both provided $11million.
(Courtesy WAM)