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.اضافة اعلان

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.

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