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World Bank considers $480m project to enhance Jordan food security

1. World Bank
World Bank (Photo: Jordan News)

AMMAN  — The World Bank is considering a proposal to fund a new Jordanian project to enhance emergency food security in the Kingdom, but the project is still in “the initial stages of negotiations”, according to Ammon News.اضافة اعلان

The proposed cost of the project amounts to $480 million, which is subject to change until the final approval of the project by the bank’s Board of Executive Directors.

The proposed project aims to enhance food security and mitigate the effects of high grain prices on vulnerable families in Jordan.

The project entitled “Emergency Food Security” will be implemented by the Ministry of Industry, Trade, and Supply, and “negotiations are currently under way” between the World Bank and the Ministry of Planning and International Cooperation.

The UN noted that pressure on Jordan’s food security has been exacerbated by the pandemic, which has had an impact on all areas, affecting the achievement of the sustainable development goals set out in its 2030 plan.

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