Middle East Economic Survey

VOL. LII

No 48

30-Nov-2009

Jordan

World Bank Approves $300Mn Development Loan To Jordan

The World Bank has approved a $300mn Development Policy Loan (DPL) to the Jordanian government to support its medium-term development program in the context of the current global economic crisis, during a meeting of the World Banks governing Board of Executive Directors in Washington held on 19 November. The loan will be repaid over 20 years, including a five-year grace period. The...