Ammon News - The Ministry of Planning and International Cooperation has signed three grant agreements with the German Development Bank (KfW) totaling €35 million, to implement the "Employment through Local Entrepreneurship" project.

The agreements were signed in the presence of German Ambassador to Jordan Bertram von Moltke, and KfW’s Country Director, Matthias Schmidt-Rosen, who represented the bank.

Minister of Planning and International Cooperation Zeina Toukan expressed Jordan’s appreciation for Germany’s ongoing commitment to supporting national development goals. She described the grants as a meaningful step forward in the strategic partnership between the two countries.

According to Toukan, the project will empower micro, small, and medium-sized enterprises (MSMEs), improve access to finance, and promote a more inclusive entrepreneurial environment, particularly by supporting women’s economic participation, in line with the Kingdom's Economic Modernization Vision.

Schmidt-Rosen emphasized Germany’s strong commitment to private sector development in Jordan, noting that the grant will help MSMEs grow, generate sustainable employment opportunities, and strengthen women's role in the economy. Petra