VOL. XLIV

No. 06

5-February-2001

JORDAN

UK And Jordan Sign Debt SwapAgreement

The UK and Jordan signed anagreement on 30 January to convert 90mn ($131mn) of Jordans debt to the UKinto investments. According to a British embassy press statement, the debt isto be sold at a discount to potential investors, on condition that it is resoldto the Jordanian Government to fund investment in the country. The scheme aimsto reduce Jordans external debt and encourage investment, the statement said.In 1995...