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Jordan receives final payment of Saudi aid package

By : staff writer

Jordan Daily – Jordan received $38.6 million from Saudi Arabia on Tuesday, the last installment of a $250 million grant to support its budget over five years, the Ministry of Planning and International Cooperation said.

The grant was part of a package of aid agreed at a summit in Mecca in 2018, where Saudi Arabia and other Gulf states pledged $2.5 billion to help Jordan overcome an economic crisis.

Minister of Planning and International Cooperation Zeina Toukan and Saudi Ambassador to Jordan Naif bin Bandar Al-Sudairi signed the transfer agreement in Amman, and praised the strong bilateral ties between the two countries.

Toukan thanked Saudi Arabia for its continuous development support to Jordan, especially in providing services to Syrian refugees and host communities.

Al-Sudairi said the transfer reflected Saudi Arabia’s commitment to stand by Jordan and support its economy, which he said is strong, resilient and diverse, and has a promising future under the leadership of King Abdullah II and Crown Prince Hussein.

He also said Jordan has managed to cope with the regional challenges and keep the negative impacts to a minimum, and maintain its development and growth.

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