Jordan’s fiscal position is looking brighter with the finalization of a promised $1.08bn US aid package under a 4 December deal, up from 2017’s $812mn (MEES, 5 January).  A $745mn grant – more than 1.5 times 2017’s grant of $475mn – will support the kingdom’s priority development projects listed in the 2018 budget. Jordan expects to bag the cash by the end of 2018, helping reduce the year’s fiscal deficit.

The US is also providing Jordan with...