Jordan And US Sign Accord On $420Mn Debt Write-Off
On 25 September Jordanian and US officials signed an agreement in Amman cancelling the balance of some $420mn worth of debt owed by Jordan to the US. The agreement follows a similar write-off of $220mn in 1994 as a result of Jordan's peace agreement with Israel. The agreement was signed by Jordanian Finance Minister Basil Jardaneh and US Ambassador Wesley Egan. Mr. Jardaneh said the write-off would...