Jordan, US Sign USD475m Grant Agreement

تم نشره في Sun 3 December / Dec 2017. 12:00 AM - آخر تعديل في Sun 3 December / Dec 2017. 06:32 PM
  • Planning and International Cooperation Minister Emad Fakhouri and USAID Director Jim Barnhart during grant signing ceremony - (Sources)

AMMAN —AlGhad— Planning and International Cooperation Minister Emad Fakhouri and USAID Director Jim Barnhart, signed a USD475 million development grant agreement earlier today, Sunday, as part of the US 2017 economic aid program to the Kingdom.

According to Mr Fakhouri, the full amount of the grant is expected to arrive before end of December, as it will go entirely to supporting high priority development projects in the 2017 budget.

Further US aid, at nearly USD337 million, is expected to arrive soon as well.

The remainder will go to supporting economic recovery plans and foster development projects, support public services and social sector quality, Fakhouri said.

Overall, he said, "this brings the total for this year's US economic, non-military aid and grants to Jordan up to USD812 million".

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