OPEC fund pledges $170m to help food security, pandemic-related projects

Jordan News

last updated: Oct 09,2022

Amman - Ameer — (File photo: Ameer Khalifeh/Jordan News)

AMMAN — The OPEC Fund for International Development pledged to provide $170 million to Jordan, for the years 2021–2022, for two projects that support dealing with the COVID-19 challenges and enhancing emergency food security, according to Al-Mamlaka TV.اضافة اعلان

The fund provided $70.5 million to Jordan last year, to help mitigate the social and economic impact of the COVID-19 pandemic, as part of the fund’s commitment to allocate $1 billion in aid to developing countries to help them deal with the aftermath of the pandemic.

According to the fund, “the loan supports a Jordanian government project aiming to provide 14,000 new job opportunities in the tourism, information technology, communications and health care sectors”.

Jordan and the OPEC fund announced last week a $100 million agreement to finance the emergency food security project in Jordan. The agreement was signed by Minister of Planning and International Cooperation Nasser Al-Shraideh and Director General of the OPEC Fund Abdulhamid Al-Khalifa.

Shraideh had said that the agreement aims to secure strategic commodities of wheat and barley, to enhance food security in Jordan, and to avoid any risks that may arise as a result of supply chain disruptions and price fluctuations as a result of the challenges facing the world at the current stage.

Read more Business
Jordan News

OPEC fund pledges $170m to help food security, pandemic-related projects

Jordan News

Careem customers donate $170,000 over Ramadan

Registration Is Open for 8th Edition of Orange Social Venture Prize (OSVP)

Jerusalem Insurance Company (JICO) Unveils New Logo and Announces Significant Developments

NYT

Jordan

Business

Pandemic

food

petra

King receives calls from Czech president, Dutch PM

Army chief visits Central Region Military Command

Adaileh chairs Jordanian delegation participating in Arab League Council extraordinary session

Careem customers donate $170,000 over Ramadan

Britons stage sit-in in front of British Parliament to demand end of exporting arms to Israel

Jordan's Foreign Trade Surges in January: Exports Rise, Deficit Shrinks

King publishes post on Laylat al-Qadr

Amman Pharmaceutical Industries Company launched Befresh product

Careem customers donate $170,000 over Ramadan

Housing Bank Net Profits Increased to reach JD38.4 million during the First Quarter of 2024

Housing Bank Holds Its 51st General Assembly Meeting