AMMAN — The
Ministry of Planning and International Cooperation and the
USAID mission to
Jordan on Monday signed two development aid agreements at a total value of $597
million as part of the $1.2 billion US economic assistance to the Kingdom for
the 2021 fiscal year.
اضافة اعلان
Minister of Planning and
International Cooperation Nasser Shraideh and USAID Jordan Mission Director
Sherry Carlin signed the agreements, according to a statement issued by the
ministry carried by the Jordan News Agency, Petra.
Under one of the
agreements, the
US government will transfer the second and final installment,
$245 million, of a $845 million US cash grant to the Kingdom in 2021.
The second agreement sets
out how USAID, in partnership with the Jordanian government and the private
sector, will spend $352 million of grants, directed to stimulate the economic
recovery and support the health, education, and social services.
Shraideh highlighted the
importance of cash grants in funding priority development projects in areas of
public finance, water, education, health, public works, housing, energy,
mineral wealth, local administration, tourism, antiquities, and youth, adding
that such funding would support economic recovery by reducing budget deficit.
He expressed the
gratitude and appreciation of the
government of Jordan to the US government and
the American people for their continuous support for Jordan, saying it
"reflects the close ties between the two sides and the strategic
partnership that governs this relationship".
For her part, Carlin said
that such agreements aims at supporting Jordan's economic stability and
enabling the government to promote economic growth, pledging that the US
government will remain committed to supporting Jordan.
Read more National news
.jpg)
.jpg)
