CBJ to extend financing to critical sectors

CBJ
(File photo: Jordan News)
AMMAN — The Central Bank of Jordan (CBJ) will extend financing programs valued at JD1.3 billion to critical sectors, according to Al-Mamlaka TV.اضافة اعلان

The CBJ will maintain the interest rates of these programs at 1 percent for projects in Amman, and at 0.5 percent for projects in other governments, the bank’s Open Market Operation and Public Debt Department said.

The sectors eligible for financing include the tourism, industry, renewable energy, agriculture, information technology, engineering consultancy, health, transport, exports, and education sectors.

To date, the CBJ has financed 1,728 projects worth approximately JD1.3 billion, which have created 14,238 job opportunities and protected 51,000 jobs from being lost since the COVID-19 pandemic began.


Read more Business