AMMAN — The
World Bank has
transferred $45 million in new payments from the Emergency Cash Transfer
Project for Families and Workers Affected by the Coronavirus Pandemic in
Jordan, which is managed by the National Aid Fund, according to local media
outlets.
اضافة اعلان
By transferring the new payment, the amounts transferred from the bank to
finance the project amounted to about $463 million, of a total of $1 billion,
which have been transferred through successive payments since the project was
approved in 2020.
On June 25, 2020, the World Bank approved the first phase of the $374
million project to provide cash assistance to 270,000 poor families in Jordan.
The latest transfer took place through two payments last September, where
the first amounted to $5.49 million, and the second amounted to $39.7 million.
Three previous payments took place last June; the first with a value of
$875,000, and the second with a value of $46 million and the third with a value
of $15 million.
The emergency cash transfer project for COVID-19 relief in Jordan made
“strong and satisfactory progress” towards achieving its development goal,
according to a new World Bank report.
As of
last May, the total number of families benefiting from cash transfer programs
amounted to 366,576 families out of 400,000 targeted under the first phase of
the project, while the number of workers benefiting from wage support reached
109,327, compared to 110,000 targeted workers employed in the formal economy.
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