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.
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
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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.
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
