Jordan, US expected to sign memorandum for renewed assistance

Jordan - US
(Photo: Envato Elements)
AMMAN — Jordan and the US are expected to sign a new memorandum of understanding this month, whereby the US pledges nearly $6.5 billion in aid to Jordan over the next five years, according to Ad-Dustour daily.اضافة اعلان

The previous memo, which specified a commitment for a period of five years (2018–2022) worth $6.375 billion, which marked an annual increase of $275 million over the memorandum of the previous three years, expires this February.

Over the past years, Jordan became eligible for official development assistance from various countries and donors, proof of international community appreciation for the important role Jordan plays in maintaining the stability in the region.

The assistance also comes in appreciation of His Majesty King Abdullah’s continuous efforts, of the achievements and reforms that Jordan has achieved and implemented in various fields, and of the Jordanian model in dealing with refugees, as donors are fully aware of the challenges they pose to the Kingdom, especially in light of the region’s current conditions and crises.

The new memorandum follows those that covered the fiscal years 2009–2014 and 2015–2017. They are not legally binding documents, but they have great symbolic value as they underline the enduring nature of the US’ strategic commitment to support Jordan.

The volume of US aid provided to Jordan increased from $660 million to $1 billion with each memo; it has now reached $1.275 billion annually.

The US government has also granted since 2011, coinciding with the beginning of the Syrian crisis, nearly $1.1 billion in humanitarian aid to support Syrian refugees in Jordan, in the 2013–2015 period.


Read more National news