AMMAN — The total commitments of the
World Bank to Jordan since the beginning
of 2021 amounted to $952 million, from loan programs and regular and emergency
projects, according to data from the World Bank Group reviewed by Al-Mamlakah
TV.
اضافة اعلان
This
year, the World Bank and Jordan signed four programs and projects in support of
social protection and economic reforms that make it possible to maintain job
opportunities in the private sector, and improve the business and
investment environment.
The
World Bank on Wednesday announced a $112 million fund to support the Jordan
Support Project to stimulate employment in the private sector.
The
World Bank lent Jordan $853.75 million out of the $1.1 billion announced by the
minister of Planning and International Cooperation, Nasser Al-Shraideh, last
June, as part of three agreements.
One
agreement included additional financing of $290 million for the cash transfer
project to respond to the outbreak of the coronavirus pandemic. The second included additional financing of $64 million to help the
Jordanian government finance the purchase of
COVID-19 vaccines. The third,
worth $500 million, is to be implemented over five years, and aims to stimulate
public and private investment in Jordan in order to help recovery from the
pandemic.
The World Bank and Jordan also
signed, in June, a grant agreement worth $6.5 million, to finance the project
to strengthen reform management in Jordan, which was launched in 2019 to
coordinate and follow up on a reform matrix that the government announced its
commitment to at the London Initiative conference for 2019.
The bank’s portfolio in Jordan until
last July, within the framework of the Qatari partnership with the bank for
2017-2022, amounted to $3.25 billion, distributed over 15 development projects
that include a mixture of concessional financing and grants.
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