Middle East Economic Survey

VOL. LIV

No 44

31-Oct-2011

Jordan

US Grants Jordan $300Mn In Aid

The US government has signed a memorandum of understanding (MOU) to provide Jordan with $300mn in aid comprising of $250mn in loan guarantees to finance medium and small scale projects and a $50mn grant from the US Agency for International Development. The MOU was signed on the sidelines of the World Economic Forum held in the Dead Sea, Jordan last week. At the forum also Jordan signed a number of...