VOL. XLIII

No. 35

28-August-2000

JORDAN

US Grants Jordan $50Mn To Help Reduce External Debt

The US Government on 23 August signed an agreement to grant Jordan $50mn to help it reduce its external debt and bolster foreign exchange reserves, according to a statement from the US Embassy in 'Amman. The grant is the final portion of an overall economic assistance plan for the year 2000 valued at more than $200mn. "The cash transfer is designed to support Jordans ongoing economic restructuring and...