AMMAN —
The value of the emergency cash transfer scheme in favor of families and
workers affected by the pandemic in Jordan, financed by a
World Bank (WB) loan
to the National Aid Fund, went up to
$1.014 billion, following the bank’s approval of a second additional
fund at the value of $350 million, Al-Mamlaka TV reported.
اضافة اعلان
The cash transfer
project’s document includes four components; the first is at a value of $815
million and includes cash support to poor and vulnerable families affected by
the pandemic, of which $107 million was channeled to temporary cash transfers.
The first
component’s additional funding increases the original appropriation from
$494.57 million to $815.45 million, which will increase the number of families
receiving cash support from 247,000 to 400,000 by the end of the project in
December 2024 as well as the number of individual beneficiaries of the current
target of $1.235 million to 2 million. 10 percent of the beneficiary households
are headed by women.
Minister of Planning
and International Cooperation Nasser Shraideh said that “the additional funding
will support the government’s efforts to bring together several cash transfer
programs under the unified cash transfer program, and will also contribute to
building a social protection network capable of responding to emergencies and
support the government’s efforts to recover from the fallout of the pandemic.”
World Bank Regional
Director
Saroj Kumar Jha said “the additional funding will support poor and
needy families and workers who continue to suffer the effects of the pandemic,
and will assist in the implementation of ongoing reforms in the social
protection system, which was reinforced during the crisis as has become a model
in the region and the world in relation to digitization, information management
and efficiency, as well as providing linkages to economic opportunities and
empowerment.”
Read more Business
Jordan News
.jpg)
.jpg)
