AMMAN
— On Tuesday, the Kingdom signed the US annual grant agreement amounted to
$845.1 million.
Prime Minister Bisher Al-Khasawneh presided over the
signing agreement in the presence of US Ambassador to Jordan Yael Lempert.
اضافة اعلان
Signed
on behalf of the Jordanian government by the Minister of Planning and
International Cooperation, Zeina Toukan, and the Director of the
US Agency for International Development (USAID), Leslie Reed, the grant contributes to
governmental efforts in implementing developmental priorities and economic
reforms within the executive program of the
Economic Modernization Vision (EMV) (2023-2025) and the public sector modernization roadmap, Al-Ghad reported.
She
added that the cash grant agreement is part of the
US annual economic aid program to the Jordanian government, listed in the
General Budget Law for 2023
within the framework of the strategic memorandum of understanding signed with
the US in September 2022, covering seven years.
The
expected value of US aid is about $10 billion, granting an understanding of the
challenges facing Jordan and supporting the
economic development process, along
with hosting a large number of Syrian refugees.
Toukan
noted that under the signed cash grant agreement, the annual and routine cash
support will be transferred to the Single Treasury account.
This
will assist government efforts to implement development programs and
initiatives in public finance, water, energy, education, health, public works,
housing, local development,
tourism, antiquities, and youth sectors.
The
support will also contribute to reducing the general budget deficit.
The
minister highlighted that the cash grant agreement included an additional
allocation of $200 million by the
US Congress, exceeding the rates of annual support
stipulated in the memorandum of understanding within the 2023 budget, approved
earlier this year.
According
to Lempert, the aid is intended to support local reforms, focusing on job
creation, financial stability, promoting the private sector, and addressing the
water crisis intensified by climate change.
Read more National news
Jordan News
.jpg)
.jpg)
