JORDAN

 

US $1Bn Jordan Fund

 

US President Barack Obama announced on 14 February that his country will provide Jordan with new loan guarantees worth $1bn, following King ‘Abd Allah’s visit to Washington.

President Obama commended Jordan on its ability to move forward with a challenging IMF-sponsored reform program amid difficult times and political change in the region.

Because of the successes in carrying out these reforms, the president said: “I want to...