AMMAN— The Ministry of Planning and International
Cooperation signed Thursday Memorandums of Understanding (MoU) for a 15 billion
JPY ($110 million) soft loan provided by the Japanese government to support the
general budget, according to the Jordan News Agency, Petra.
This loan is as part of Japanese government's pledges to the
Jordanian government at the 2019 London Conference to provide total financing
in the form of soft loans worth $300 million during 2021-2023.
The MoUs were signed by Minister of Planning and
International Cooperation Zeina Toukan, Ambassador of Japan to Jordan, Jiro
Okuyama, and Vice President of the Japan International Cooperation Agency
(JICA) Ando Naoki from the headquarters in Tokyo.
The loan, which aims to provide support for the general
budget, will be channeled to develop the energy sector, including the
sustainability of the electricity supply and improving the sector governance.
It also aims to contribute to the development of the national strategy for
electric transmission, and the requirements of technical and advisory studies
related to regional electricity interconnection in the sector, according to a
ministry statement.
On the sidelines of the signing ceremony, a meeting was held
with Japanese officials, during which they were briefed on key priorities
within the executive program of the 2023-2025 vision in various sectors. The
meeting also covered cooperation and common interests, and the importance of
continuing research and discussion between the two sides to present priorities
and projects that will be included in the program and ways to provide
appropriate support for their implementation within specified time frames, in
addition to urging the Japanese side to support a group of priority development
projects in the tourism and energy sectors that were previously submitted.
For his part, Ambassador Okuyama said that offering this
loan comes in light of Japan's appreciation for the Jordanian government's
comprehensive reform efforts made, which include the vision of economic
modernization launched by His Majesty King Abdullah in June entitled "A
Better Future."
In turn, JICA's Vice President lauded the historical
relations between Jordan and Japan, highlighting the importance of this loan in
meeting the financing needs for the fiscal year 2022 budget in Jordan.اضافة اعلان
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