AMMAN, Jordan, Mar 5 (NNN-PETRA) – The World Bank will provide 1.9 billion U.S. dollars to Jordan, over the next two years, to support the country’s reforms.
The support is almost the same amount of money that the World Bank has provided to the country, over the last five years, the report cited Kristalina Georgieva, interim president of the World Bank Group and chief executive officer of the World Bank, as saying.
The loans are subject to the approval of the World Bank’s board of directors.
Over the next two years, the World Bank, through its private investment arms, seeks to create pipeline projects in Jordan worth one billion dollars.
During a conference in London on Feb 28, several countries and international financing institutions pledged billions of dollars in support for Jordan’s reforms.– NNN-PETRA
