IMF approves $206 million loan to Jordan

AMMAN —The International Monetary Fund (IMF) announced on Friday that its executive board has approved a $206 million loan to Jordan to help the Kingdom face the repercussions of the COVID-19 pandemic. اضافة اعلان

The loan also aims to assist Jordan in its hosting of 1.3 million Syrian refugees, according to the Jordan News Agency, Petra.

The IMF said in a statement that the "total amount disbursed by the fund to Jordan since the beginning of 2020 amounts to about $900 million", including $396 million in emergency assistance that Jordan received in May 2020 under the "Rapid Financing Instrument”.

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