Jordan receives $107m from WB

1. World Bank
World Bank (Photo: Jordan News)
AMMAN — Jordan received $107 million, the second instalment by the World Bank (WB) to speed up the country’s economic recovery and create jobs, Al-Mamlaka TV reported. The latest payment received at the end of April brings the total World Bank money disbursed so far to $230 million. Last August, Jordan received the first batch of $123 million. The World Bank has committed $500 million to partly fund the $1.2 billion stimulus package, designed to encourage investment, fight poverty and recover from the fallout of COVID-19. The China-based Asian Infrastructure Investment Bank also agreed to provide additional financing of $250 million to support the Jordanian program. Read more Business Jordan News   (window.globalAmlAds = window.globalAmlAds || []).push('admixer_async_509089081')   (window.globalAmlAds = window.globalAmlAds || []).push('admixer_async_552628228') Read More Increased Local Demand for Gold Orange Jordan and StarLink sign an agreement to provide the latest technology solutions for businesses Jordan, Syria Discuss Trade Expansion, Technical Cooperation at Joint Committee Meeting

AMMAN — Jordan received $107 million, the second instalment by the World Bank (WB) to speed up the country’s economic recovery and create jobs, Al-Mamlaka TV reported.
 


The latest payment received at the end of April brings the total World Bank money disbursed so far to $230 million. Last August, Jordan received the first batch of $123 million.

The World Bank has committed $500 million to partly fund the $1.2 billion stimulus package, designed to encourage investment, fight poverty and recover from the fallout of COVID-19.

The China-based Asian Infrastructure Investment Bank also agreed to provide additional financing of $250 million to support the Jordanian program.


Read more Business
Jordan News