And Agrees To $11Mn Debt Swap With Jordan
Germany agreed on 31 October to convert $11.36mn of Jordan's $400mn debt to investments in the water sector. The decision was made during Chancellor Gerhard Schroeders talks with Jordans King 'Abd Allah. The debt conversion, however, fell far short of the $50mn Jordanian officials were hoping for, according to the countrys official Petra News Agency. Mr Schroeder had pledged to help Jordan manage its foreign debt of...